srar Corporation uses the weighted-average method in its process costing system. During the month ending work in process inventory consists of 9,000 units. The ending work in process inventory is 100% complete with respect to materials and 70% complete with respect to labor and overhead. If the cost per equivalent unit for the period is Rs. 3.75 for material and Rs.1.25 for

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Chapter1: Financial Statements And Business Decisions
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Israr Corporation uses the weighted-average method in its process costing system. During the month ending work in process inventory consists of 9,000 units. The ending work in process inventory is 100% complete with respect to materials and 70% complete with respect to labor and overhead. If the cost per equivalent unit for the period is Rs. 3.75 for material and Rs.1.25 for labor and overhead.

 

What is the balance of the ending work in process inventory account?

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