Yoder Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: 
How many units were completed and transferred to the next department during the month?
Definitions:
Discount Rate
The specified interest rate for determining the present value of future cash flows in the context of discounted cash flow studies.
Payback Period
The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.
Useful Life
The expected period of time during which an asset remains useful for the purposes for which it was acquired.
Payback Period
The amount of time it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment itself.
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