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A company makes a product in two processes. The following data is available for the latest period,
Opening work in progress of 200 units was valued as follows.
No losses occur in the process.
Units added and costs incurred during the period:
Closing work in progress of 100 units had reached the following degrees of completion:
The company uses the weighted average method of inventory valuation.
What is the value of the units transferred to process 2? ________ |