The following amounts were selected from the production report of Chandon Corporation: 
Chandon uses the weighted average method in preparing its production reports. Chandon's total production cost to be accounted for must have been
Definitions:
Interest Rates
The expense associated with acquiring a loan, usually represented as a proportion of the sum lent.
Better Off
A condition in which an individual or group's situation improves in terms of economic welfare, happiness, or other measures of well-being.
Present Value
The current value of a future sum of money or stream of cash flows, given a specified rate of return.
Interest Rate
The percentage of a sum of money charged for its use, often expressed on an annual basis.
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