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A company uses the weighted average method for inventory costing. During a period, Department B finished and transferred 64,0

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Answer #1

Answer

  • Equivalent units
    =(64000 units transferred x 100% complete) + (17000 units in ending inventory x 60% complete)
    = 64000 + 10200
    = 74,200 units
  • Correct Answer = Option #1: 74,200 units.
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