In a department, 22,000 units are completed and transferred out and 6,200 remain in ending...
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Accounting
In a department, 22,000 units are completed and transferred out and 6,200 remain in ending WIP at 55% complete. If an equivalent unit costs $8.00 for direct materials, what is the value of materials transferred out?
$126,400
$27,280
$49,600
$176,000
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