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Matrix Inc. calculates cost for an equivalent unit of production using the weighted average method. Data for July: Work-in-prMultiple Choice Ο $94,604. Ο $591,980. Ο $544,994. Ο $557,750. Ο $558,690.

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Answer #1

Cost of goods Completed & transffered Out is $544,994

Units to Account For: Completed and transferred out Units Ending WIP Units to Accounted For: Units 101,300 25,700 127,000 Equ

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