Uses a process cost system and weighted average method

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Burgundy Manufacturing uses a process cost system and computes cost using the weighted average method. During the current period, the beginning work-in-process inventory cost was $13,525. Manufacturing cost added was $57,000. If Burgundy's ending work-in-process inventory was valued at $15,100, then cost of goods transferred must have been

A. $70,525 B. $55,425 C. $84,625 D. $58,575

Reference no: EM13775579

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