At the beginning of March, the company has no finished products.Information on the production and sales of

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At the beginning of March, the company has no finished products. Information on the production and sales of products in March is as follows:

Products returned from production:

Quantity (kg) Unit Cost (TL)

10 Mart 40 2

15 Mart 30 3

26 Mart 20 4

31 Mart 10 5

Finished products sold:

Weight (kg)

10 Mart 10

15 Mart 15

18 Mart 20

a) Calculate the unit cost using the weighted average method.

b) Calculate the cost of goods sold using the weighted average method.

Answer (Please show only your calculations):

Related Book For answer-question

Managerial Accounting

ISBN: 978-0176223311

1st Canadian Edition

Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp

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Posted Date: Mar 14, 2023 05:22 AM

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At the beginning of March, the company has no finished products.Information on the production and sales of

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a To calculate the unit cost using the weighted average method we need to ... View the full answer

Managerial Accounting

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