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Corporation uses the weighted-average method in its process costing system. The Molding it is the second department in its pr
Completed and transferred to the next department during January Ending work in process inventory 57,400 7,900 The accounting
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Answer #1

Equivalent units = units completed + (ending inventory X percentage of production)

= 57400 + (7900 X 40%)

= 60560

Cost per equivalent unit = 35158 + 559854/ 60560 = $9.825

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