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Title: Lap Corporation uses the weighted-average method in its process costing system. The beginning work ... Post by: Flaco69 on Apr 9, 2023 Lap Corporation uses the weighted-average method in its process costing system. The beginning work in process inventory in a particular department consisted of 80,000 units, 100% complete with respect to materials and 25% complete with respect to conversion costs. The total dollar value of this inventory was $226,000. During the month, 150,000 units were transferred out of the department. The costs per equivalent unit for the month were $2.00 for materials and $3.50 for conversion costs. The cost of the units completed and transferred out of the department was:
▸ $681,000 ▸ $765,000 ▸ $821,000 ▸ $825,000 Title: Re: Lap Corporation uses the weighted-average method in its process costing system. The beginning work ... Post by: cskeen80 on Apr 9, 2023 Content hidden
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