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The Lakeside Company uses a weighted average process costing system. The following data are available: -0- 23,500 18,800 Beginning inventory Units started in production Units
The Lakeside Company uses a weighted average process costing system. The following data are available: -0- 23,500 18,800 Beginning inventory Units started in production Units finished during the period Units in process at the end of the period (complete as to materials, % complete as to labor and overhead) Cost of materials used Labor and overhead costs 4,700 $40,800 $41,600 Equivalent units of production for labor and overhead are: Equivalent units of production for labor and overhead are: Multiple Choice 23,500. 19,975. 18,800. 22.500
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