Question: Exercise 8-51 (Algo) Prepare a Production Cost Report: Weighted-Average Method ( LO 8-2, 4) Beverly Plastics produces a part used in precision machining. The part

 Exercise 8-51 (Algo) Prepare a Production Cost Report: Weighted-Average Method (
LO 8-2, 4) Beverly Plastics produces a part used in precision machining.
The part is produced in two departments: Mixing and Refining. The rav

Exercise 8-51 (Algo) Prepare a Production Cost Report: Weighted-Average Method ( LO 8-2, 4) Beverly Plastics produces a part used in precision machining. The part is produced in two departments: Mixing and Refining. The rav material is introduced into the process in the Mixing Department. The cost of the material fluctuates significantly month to month based on market conditions. Information on costs and operations in the Refining Department for September follow: The ending inventory has 14,700 units, which are 90 percent complete with respect to Refining Department costs Required: Complete the production cost report using the weighted-average method: Note: Round "Cost per equivalent unit" to 2 decimal places. The ending inventory has 14,700 units, which are 90 percent complete with respect to Refining Department costs. Required: Complete the production cost report using the weighted-average method Note: Round "Cost per equivalent unit" to 2 decimal places. Units accounted for

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