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To determine how much cost should be transferred out of Work in Process Inventory using the weighted-average method: a) multiply the number of equivalent units
To determine how much cost should be transferred out of Work in Process Inventory using the weighted-average method: a) multiply the number of equivalent units associated with units completed by the cost per equivalent unit for both direct materials and conversion cost. b) multiply the number of equivalent units in ending WIP by the cost per equivalent unit for both direct materials and conversion cost. c) subtract cost of beginning inventory from current period costs. d) add cost of beginning inventory and current period costs
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