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Macadam Corporation uses the weighted-average method of process costing. Its cost per equivalent unit for direct materials was $6.00 this period, and it had 20,000
Macadam Corporation uses the weighted-average method of process costing. Its cost per equivalent unit for direct materials was $6.00 this period, and it had 20,000 equivalent units for direct materials. Beginning inventory costs were 25% of current costs. How much were current costs?
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$120,000.
$76,000.
$20,000.
$96,000.
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