Question: The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 23,000 Units finished during
The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 23,000 Units finished during the period 17,400 Units in process at the end of the period (complete as to materials, complete as to labor and overhead) 5,600 Cost of materials used $ 53,750 Labor and overhead costs $ 55,755 Total cost of the 17,400 units finished is:
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