Question: Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to

Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. The number of units transferred to finished goods during the year is:

Beginning Work in Process (30% complete, $2,500) 340 units
Ending inventory of Work in Process (70% complete) 540 units
Total units started during the year 4,600 units

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