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Author Question: Weighty Steel processes a single type of steel. For the current period the following information is ... (Read 168 times)

armygirl

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on: Mar 6, 2021
Weighty Steel processes a single type of steel. For the current period the following information is given: 

​UnitsMaterial CostsConversion Costs
Beginning Inventory3100$4800$5800
Started During the Current Period20,40032,30078,700
Ending Inventory3400​​
All materials are added at the beginning of the production process. The beginning inventory was 50% complete as to conversion, while the ending inventory was 25% completed for conversion purposes. 

Weighty uses the weighted-average costing method. 

What is the total cost assigned to the units completed and transferred this period? (Round intermediary dollar amounts to the nearest cent and total costs to the nearest whole dollar.)
◦ $91,200
◦ $115,050
◦ $112,761
◦ $121,600
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by armygirl on Mar 6, 2021

bookworm410

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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armygirl

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Reply 2 on: Mar 6, 2021
Wow, this really help

kthug

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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