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Under the weighted average method, the cost of units transferred out of a department is computed as follows for a cost category: Multiple Choice Costs
Under the weighted average method, the cost of units transferred out of a department is computed as follows for a cost category: Multiple Choice Costs added during the period + Cost of beginning work in process inventory Units transferred to the next department * Cost per equivalent unit Units in ending work in process inventory ~ Cost per equivalent unit Cost of ending work in process inventory - Cost of beginning work in process inventory
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