What is the value of the inventory transferred out

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Problem - A company started a new product, and in the ?rst month started 90,000 units. The ending work in process inventory was 10,000 units that were 100% complete with materials and 75% complete with conversion costs. There were 90,000 units to account for, and the equivalent units for materials was $6 per unit while the equivalent units for conversion was $8 per unit. What is the value of the inventory transferred out, using the weighted-average inventory method?

Reference no: EM132678271

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