Question: Luft Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:

Luft Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: Units Percent Complete with respect to Conversion Beginning work in process inventory 11,000 90% Started in production during June 58,000 Ending work in process inventory 17,000 10%

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