Weighted-average costs per equivalent unit are $2.30 for direct materials and $3.15 for conversion. There are...

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Weighted-average costs per equivalent unit are $2.30 for direct materials and $3.15 for conversion. There are no transferred-in costs and no spoilage. What is the cost of goods completed and transferred out if 25,000 units are completed and 2,500 units are in ending inventory? Weighted-average costs per equivalent unit are $2.30 for direct materials and $3.15 for conversion. There are no transferred-in costs and no spoilage. What is the cost of goods completed and transferred out if 25,000 units are completed and 2,500 units are in ending inventory?

Answer rating: 100% (QA)

To calculate the cost of goods completed and transferred out we need to consider two components dire... View the full answer