Question: Assume Towery Company uses a process costing system based on the weighted werage method. Towery's accountant produces the following equivafent tinit calculations for the month
Assume Towery Company uses a process costing system based on the weighted werage method. Towery's accountant produces the following equivafent tinit calculations for the month of fuly for the first department: Aso assume that current costs included 434,998 of materials and 597.412 of conversion costs. Findlily assume that during the monch of fuly, ehe average cost per equialent urit of materials and corversion costs were 56,64 and 519.40, respectively: Eaiculate the doliar amount accurnulated in the begining inventory for direct materais from the prior period. Select ane: 4. $2,850 b. 40. 1994 ( 17240 d.5132,410 e. Fone of the abore: Assume Towery Company uses a process costing system based on the weighted werage method. Towery's accountant produces the following equivafent tinit calculations for the month of fuly for the first department: Aso assume that current costs included 434,998 of materials and 597.412 of conversion costs. Findlily assume that during the monch of fuly, ehe average cost per equialent urit of materials and corversion costs were 56,64 and 519.40, respectively: Eaiculate the doliar amount accurnulated in the begining inventory for direct materais from the prior period. Select ane: 4. $2,850 b. 40. 1994 ( 17240 d.5132,410 e. Fone of the abore
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