Question: Helmet Inc. uses the weighted-average method in its process costing system. The following data for the Assembly Department were taken from the companys accounting records
Helmet Inc. uses the weighted-average method in its process costing system. The following data for the Assembly Department were taken from the companys accounting records in June:
200,000 units were completed during this period.
The companys ending work in process inventory has 50,000 units with 30% complete.
The cost/equivalent unit is $5.
What is the cost of goods manufactured?
Group of answer choices
None of the above
$250,000
$125,000
$1,000,000
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