A company uses the weighted average method for inventory costing. During a period, Department B...
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A company uses the weighted average method for inventory costing. During a period, Department B finished and transferred 55,000 units to Department C. Also in Department B during the period, 12,500 units were started but brought only to a stage of being 60% completed. The number of equivalent units produced by Department B during the period was:
60,000 units.
55,000 units.
62,500 units.
67,500 units.
47,500 units.
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