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Lucas Corporation Uses the Weighted-Average Method in Its Process Costing

Question 179

Multiple Choice

Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to: A) $13,570 B) $50,888 C) $30,660 D) $67,851 The cost of ending work in process inventory in the first processing department according to the company's cost system is closest to:


A) $13,570
B) $50,888
C) $30,660
D) $67,851

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