Question: The Carroll Company uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in
The Carroll Company uses the weighted-average method in its process costing system. The company
has only a single processing department. The company's ending work in process inventory consisted of
36,000 units. The units in the ending work in process inventory were 100% complete with respect to
materials and 60% complete with respect to labor and overhead. If the cost per equivalent unit for
November was $11.00 for materials and $17.00 for labor and overhead, what was the total cost
assigned to the ending work in process inventory?
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