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Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning...

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Accounting

Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 2,000 units. The costs and percentage completion of these units in beginning inventory were:
\table[[,Cost,\table[[Percent],[Complete]]],[Materials costs,$7,300,65%
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