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annenbaum corporation uses the weighted average method in its process costing system this month the beginning inventory in the first processing department consisted of 400 units the costs an 34737
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Weighted-average method, inspection at 80% completion. (A. Atkinson) The Kim Company is a furniture manufacturer with two departments: molding and finishing. The company uses the weighted-average method of process costing. In August, the following data were recorded for the finishing department. Conversion costs are added evenly during the process. Direct material costs are added when production is 90 % complete. The inspection point is a the 80 % stage of production. Normal spoilage is 10 % of
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