In February, Parsons, Inc. completed 12,000 units; 3,000 units still in process were 40% complete with respect

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In February, Parsons, Inc. completed 12,000 units; 3,000 units still in process were 40% complete with respect to materials and conversion.

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a. How many equivalent units were in Parsons’s ending Work in Process Inventory?

b. How many equivalent units will be used to calculate the cost per equivalent unit?

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Managerial Accounting

ISBN: 978-1118338445

2nd edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: Feb 21, 2014 04:30 AM

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In February, Parsons, Inc. completed 12,000 units; 3,000 units still in process were 40% complete with respect

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a Units in process 3000 units In process unit completed 40 Equivalent u...View the full answer

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