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Business, 18.03.2021 23:50 Byanka032801
Jensen Corporation The following information is available for Jensen Corporation for the current month: Started this month80,000units Beginning WIP (40% complete)7,500units Normal Spoilage (discrete)1,100units Abnormal spoilage900units Ending WIP (70% complete)13,000units Transferred out72,500units Beginning Work in Process Costs: Material$10,400 Conversion13,800 Current Costs: Material$120,000 Conversion350,000 All materials are added at the start of production and the inspection point is at the end of the process. Refer to Jensen Corporation. What is the total cost assigned to goods transferred out using weighted average
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