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Accounting
Number 12
Required information The following information applies to the questions displaycd below] Annin Laboratories uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for February: Quantity information is obtained from the manufacturing records and includes the following: Compute the cost of goods transferred out ond the ending inventory for February using the weighted-average method. Note: Do not round intermediate calculations
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