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Weighted average method 6) Lughi Ine, produces Italian Pasta. The company uses process costing All raw was readed at the beginning of the mixing process.
Weighted average method
6) Lughi Ine, produces Italian Pasta. The company uses process costing All raw was readed at the beginning of the mixing process. The following information rates ay operations and the work in proces inventory account for Lughi's finan wocessing department Beginning work proces 100 and 70% complete: $350 in direct materia 5700 in conversion costs Ending work in process 50 pounds: 50% complete Current month 5.50 pounds of esta were started $12.000 raw matbals were requisitioned, $3,000 incurred in conversion costs Compute the cost transferred out for the month Comoute the total cost ending work in process inventory (14 P.)Step by Step Solution
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