Question: The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 16,000 units, The ending
The Gasson Company uses the weighted-average method in its process costing system. The company's ending work in process inventory consists of 16,000 units, The ending work in process inventory is 100% complete with respect to materials and 50% complete with respect to labor and overhead. If the costs per equivalent unit for the period $4.00 for the materials and $2.00 for labor and overhead, whatis the balance of the ending work in process inventory account would be:(Do not round Cost per equivalent unit)
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