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Flaco69 Flaco69
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A year ago
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
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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cskeen80cskeen80
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A year ago
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Flaco69 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
missnoname
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Yesterday
Thanks
loki1345
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2 hours ago
This helped my grade so much Perfect
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