Question: A company uses the weighted-Average method for inventory costing. At the end of the period, 22,000 units were in the ending Work in Process inventory
A company uses the weighted-Average method for inventory costing. At the end of the period, 22,000 units were in the ending Work in Process inventory and are 100% complete for materials and 75% complete for conversion. The equivalent cost per unit are materials, $2.65 and conversion $5.35. Compute the cost that would be assigned to the ENDING WORK IN PROCESS INVENTORY for the period
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