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freezo1994 freezo1994
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A year ago

Lucas Corporation uses the weighted-average method in its process costing system. The company adds materials at the beginning of the process in the Forming Department, which is the first of two stages in its production process. Information concerning operations in the Forming Department in October follows:

UnitsMaterials Cost
Work in process on October 16,000$ 3,000
Units started during October50,000$ 25,560
Units completed and transferred to the next Department during October44,000

What was the materials cost of work in process at October 31?



▸ $3,060

▸ $5,520

▸ $6,000

▸ $6,120
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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TanjaGTanjaG
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A year ago
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freezo1994 Author
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A year ago
Thanks for your help!!
Helpmeplease11
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This site is awesome
kc123
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Good timing, thanks!
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