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The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 22,000 Units finished during
The Lakeside Company uses a weighted-average process costing system. The following data are available:
| Beginning inventory | -0- | ||
| Units started in production | 22,000 | ||
| Units finished during the period | 17,000 | ||
| Units in process at the end of the period (complete as to materials, complete as to labor and overhead) | 5,000 | ||
| Cost of materials used | $ | 47,250 | |
| Labor and overhead costs | $ | 47,515 | |
Unit cost of material is:
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After The Quality Audit Closing The Loop On The Audit Process
Authors: J. P. Russell, Terry Regel
2nd Edition
0873894863, 978-0873894869
