EBK AUDITING+ASSURANCE SERVICES
EBK AUDITING+ASSURANCE SERVICES
17th Edition
ISBN: 9780135171219
Author: ARENS
Publisher: PEARSON CO
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Chapter 6, Problem 32DQP
To determine

Identify the appropriate management assertion.

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In September, one of the processing departments at Stratford Corporationhad beginning work in process inventory of $45,000 and ending work in process nventory of $19,000. During the month, the cost of units transferred out fromthe department was $632,000. In the department's cost reconciliation report for September, the total cost to be accounted for under the weighted-average method would be____. Answer
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