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A Company Uses the Weighted Average Method for Inventory Costing

question 162

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A company uses the weighted average method for inventory costing.At the start of a period the production department had 20,000 units in beginning Work in Process inventory which were 40% complete;the department completed and transferred 165,000 units.At the end of the period,22,000 units were in the ending Work in Process inventory and are 75% complete.The production department had conversion costs in the beginning goods is process inventory of $99,000 and total conversion costs added during the period are $726,825.Compute the conversion cost per equivalent unit.

Determine the feasible region for a linear programming problem graphically.
Recognize the requirements for a problem to be classified as a linear programming problem.
Understand the concept of iso-profit lines and their role in solving maximization problems.
Identify feasible solutions for given constraints in linear programming problems.

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