Question: Louvre Corp. applies the weighted average method for process costing. The following production and cost per EUP data are available for Louvre Corp. for February:

Louvre Corp. applies the weighted average method for process costing. The following production and cost per EUP data are available for Louvre Corp. for February:

Units completed during February 780,000
Units in ending inventory* 111,000
Direct material cost per EUP $7.50
Direct labor cost per EUP $9.00
Overhead cost per EUP $10.20

* 100% complete as to direct material; 30% complete as to direct labor; 25% complete as to overhead

a. What is the cost of the goods completed during February? $Answer

b. What is the cost of ending inventory at February 28? $Answer

c. What is the total cost to account for during February? $Answer

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