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Product Cost Report - Weighted Average Method Reston Manufacturing Corporation produces a cosmetic product in three consecutive processes. The costs of Department 1 for May
Product Cost ReportWeighted Average Method
Reston Manufacturing Corporation produces a cosmetic product in three consecutive processes. The costs of Department for May were as follows:
Department handled the following units during May:
uses the weighted average method for process costing.
Required
Prepare the product cost report for Department for May.
Round average cost per equivalent unit to four decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number.
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