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Table 23-6
The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year is 2013 .
Prices and Quantities
-Refer to Table 23-6. In 2010, this country's real GDP was
Units Transferred Out
The completed units moved out of a production process or cost center to the next process, or finished goods inventory, during a period.
August
The Gregorian calendar's eighth month.
Weighted-Average Method
A costing method that calculates the cost per unit by dividing the total cost by the total number of units produced, treating all units as equal regardless of when they were actually manufactured.
Assembly Department
A division in a manufacturing plant where components are joined together to form a finished product.
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