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Pearl Company has the following production information for October: 46,000 units transferred out and 10,000 units in ending work in process that are 100 percent
Pearl Company has the following production information for October: 46,000 units transferred out and 10,000 units in ending work in process that are 100 percent complete for materials and 63 percent complete for conversion costs. Materials cost is $6.10 per equivalent unit and conversion cost is $9.30 per equivalent unit. Determine the cost assigned to the units transferred out and the units in ending work in process using the weighted-average method.
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