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At the opening, BananaCATs had no initial inventory to produce banana cakes. The following data...

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Question

Accounting

At the opening, BananaCATs had no initial inventory to produce banana cakes. The following data is for the first month of banana cake production:

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Instructions!

Calculate COGS using the weighted average method for BananaCATs' production in the first month!

Please use the provided answer sheet!

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\begin{tabular}{|l|c|c|c|} \hline \multicolumn{1}{|c|}{ Flow of Production } & \begin{tabular}{c} Physical \\ Unit \end{tabular} & \begin{tabular}{c} Direct \\ Materials \end{tabular} & \begin{tabular}{c} Conversion \\ Cost \end{tabular} \\ \hline WIP beginning & 0 & & \\ \hline Started during period & 200 & & \\ \hline \begin{tabular}{l} Completed and transferred \\ out \end{tabular} & 140 & & \\ \hline WIP ending & 60 & 100% & 80% \\ \hline \begin{tabular}{l} Degree of completion of \\ WIP ending \end{tabular} & & Rp1.250.000 & Rp3.102.000 \\ \hline \begin{tabular}{l} Total cost added during \\ period \end{tabular} & & & \\ \hline \end{tabular} Weighted Average Method Physical and Equivalent Units Total Cost Calculation Cost per Equivalent Units Total Cost Assignment

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