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Business, 02.11.2020 17:20 gototiger

25. A firm that uses weighted average process costing has 400 units in Beginning Inventory that are 80% complete. During the period, an additional 8000 units are started. 600 units are left in Ending Inventory at the end of the period, which are 80% complete. Beginning Inventory has $11,080 allocated to it, and current costs are $80,000. All inputs are added simultaneously. Required: Calculate the costs allocated to Finished Goods and Ending Inventory.

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