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The following partially completed process cost summary

The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning goods in process inventory is 20% complete with respect to direct labor and overhead.

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Prepare its process cost summary using the weighted average method.

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Managerial Accounting: The following partially completed process cost summary

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