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Process Costing and Inventory Valuation at General Electric Values: Total Costs: $2,500,000 Equivalent Units: 20,000 Requirements: Calculate the cost per equivalent unit using the weighted
Process Costing and Inventory Valuation at General Electric
Values:
- Total Costs: $2,500,000
- Equivalent Units: 20,000
Requirements:
- Calculate the cost per equivalent unit using the weighted average method for General Electric.
- Prepare a reconciliation of units and costs for General Electric's manufacturing process.
- Compute the ending inventory valuation for General Electric.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
