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Massey Corporation uses a process cost system and the weighted - average cost flow assumption. Production begins in the Fabricating Department where materials are added
Massey Corporation uses a process cost system and the weightedaverage cost flow assumption. Production begins in the Fabricating Department where materials are added the beginning of the process and conversion costs are incurred uniformly throughout the process. On March the beginning work in process inventory consisted of the following:
tableUnits in Beginning Work In Process,Direct Materials In Beginning Work In Process,$
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