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Determine the cost of goods transferred out

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Problem - During August, the drilling department of Arenal Inc. completed and transferred out 190,000 units. At the end of August, there were 42,700 units in process, 70% complete. Arenal incurred manufacturing costs totaling $1,759,120.

Determine the unit cost.

Determine the cost of goods transferred out and the cost of EWIP.

Reference no: EM132700067

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