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Indigo, Inc. has the following production data for June: Completed and transferred out 60,000 units Ending work in process inventory 6,000 units The units
Indigo, Inc. has the following production data for June: Completed and transferred out 60,000 units Ending work in process inventory 6,000 units The units in work in process inventory are 100% complete for materials and 60% complete for conversion costs. Materials costs are $2 per unit and conversion costs are $5 per unit. Determine the costs to be assigned to the units completed and transferred out and the units in ending work in process. The company uses weighted-average process costing. Cost assigned to units completed and transferred out $ Cost assigned to the units in ending work in process $
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To determine the costs to be assigned to the units completed and transferred out and the units in ending work in process well use the weightedaverage ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
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