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JONES company uses the weighted-average method for inventory costing. At the end of the period, 22,000 units were in the ending goods in process inventory
JONES company uses the weighted-average method for inventory costing. At the end of the period, 22,000 units were in the ending goods in process inventory and are 100% complete for materials and 3/4 complete for labor and overhead. The equivalent costs per unit are; materials, $2.65, labor, $2.15, and overhead, $3.20. Compute the cost that would be assigned to the ending goods in process inventory for the period. O $93.775 O $132,000 O $146,575 $87,725 $176,000
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