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Business, 15.10.2019 08:20 xxtonixwilsonxx

The fields company has two manufacturing departments, forming and painting. the company uses the weighted-average method of process costing. at the beginning of the month, the forming department has 28,000 units in inventory, 65% complete as to materials and 35% complete as to conversion costs. the beginning inventory cost of $66,100 consisted of $48,400 of direct material costs and $17,700 of conversion cost.

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