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The Matsul Lubricants plant uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for a particular day.

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The Matsul Lubricants plant uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for a particular day. Quantity information is obtained from the manufacturing records and includes the following. Compute the cost of goods transferred out and the ending inventory using the weighted-average method. (Do not round intermed alculations.)

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