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Business, 24.07.2020 17:01 jarvinmcgillp3dhni

Ferdinand T. Corporation uses the weighted-average method in its process-costing system. Operating data for the first processing department for March appear below for the physical flow of units, and for direct materials (DM) and conversion costs (CC). Units % of completion: DM % of completion: CC Beginning WIP inventory 1,820 60% 50% Started into production during September: 22,000 Ending WIP inventory 3,700 90% 70% DM CC Beginning WIP inventory $6552 $5096 Cost added during March $142058 $70231 Q: Determine the cost of the units transferred out to the next department.

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Ferdinand T. Corporation uses the weighted-average method in its process-costing system. Operating d...
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