Question: In the cost reconciliation report under the weighted-average method, the Total cost accounted for equals: Cost of beginning work in process inventory + Cost of
In the cost reconciliation report under the weighted-average method, the "Total cost accounted for" equals:
Cost of beginning work in process inventory + Cost of units transferred out
Cost of ending work in process inventory + Cost added to production during the period
Cost of beginning work in process inventory + Cost of units transferred in
Cost of ending work in process inventory + Cost of units transferred out
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