AAD company is reviewing the behavior of its various activities. AAD is considering various costs under process
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AAD company is reviewing the behavior of its various activities. AAD is considering various costs under process costing system. During the current period, the beginning work-in-process inventory cost was $13,525. Manufacturing cost added was $57,000. They use a weighted average costing method. If Burgundy's ending work-in-process inventory was valued at $15,100, then cost of goods transferred must have been
a. $70,525
b. $55,425
c. $84,625
d. $58,575
e. some other figure
Related Book For
Ethical Obligations and Decision Making in Accounting Text and Cases
ISBN: 978-1259730191
4th edition
Authors: Steven Mintz, Roselyn Morris
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