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What total cost to be accounted for under weighted-average

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Problem 1: In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $31,000 and ending work in process inventory of $37,000. During the month, $254,000 of costs were added to production and the cost of units transferred out from the department was $248,000. In the department's cost reconciliation report for April, the total cost to be accounted for under the weighted-average method would be:

Multiple Choice

Option 1: $68,000
Option 2: $285,000
Option 3: $570,000
Option 4: $539,000

Reference no: EM132996545

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