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Q 20. I appreciate your help. Thank you! EXVAWY118 Corporation uses the weighted-average method in its process costing system EXVAWY118's data concerning the first processing
Q 20. I appreciate your help. Thank you!
EXVAWY118 Corporation uses the weighted-average method in its process costing system EXVAWY118's data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 700 Materials costs $ 7,100 Conversion costs $ 2,400 Percent complete with respect to materials 55% Percent complete with respect to conversion 25% Units started into production during the month 6,600 Units transferred to the next department during the month 5,800 Materials costs added during the month $ 110,200 Conversion costs added during the month $ 83,300 Ending work in process inventory: Units in ending work in process inventory 1,500 Percent complete with respect to materials 70% Percent complete with respect to conversion 55% (ID#60532) Q. The cost of ending work in process Inventory in the first processing department according to the EXVAWY118's cost system is closest to: (Round "Cost per equivalent unit" to 3 decimal places. Round "Cost of ending work in process inventory" to the nearest whole dollar amount.) Multiple Choice $44,340 O $28,652 ( ) $31,427 O $24.971
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