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10 Vallin Manufacturing Corporation's beginning work in process inventory consisted of 10,000 units, 100% complete with respect to materials cost and 60% complete with respect
10 Vallin Manufacturing Corporation's beginning work in process inventory consisted of 10,000 units, 100% complete with respect to materials cost and 60% complete with respect to conversion costs. The total cost in the beginning inventory was $56,000. During the month, 60,000 units were transferred out. The equivalent unit cost was computed to be $4.50 for materials and $5.00 for conversion costs under the weighted average method. Given this information, the total cost of the units completed and transferred out was: 8 00:21:22 Multiple Choice 0 $385,600 0 $384,000 0 $456,000 0 $570,000
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