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In the production department, assume that 200,000 units were transferred from the packing Department and that the weighted-average method is used. Data for February follow:
In the production department, assume that 200,000 units were transferred from the packing Department and that the weighted-average method is used. Data for February follow: Standard costs for the Cutting Department-Direct materials: $1.50 per unit; Conversion costs $1.6 per unit, The standard costs of units completed and transferred from the packing Department during February is? Select one: a. $620,000. b. $600,000 c. $650,000. d. $731,250
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