Refer to the data in exercise 4-16 . Assume beginning inventory is 45 percent complete with respect

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Refer to the data in exercise 4-16

. Assume beginning inventory is 45 percent complete with respect to materials and 60 percent complete with respect to conversion costs.

a. Compute the equivalent units for materials using FIFO.

b. Compute the equivalent units for conversion costs using FIFO.

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Cost Accounting

ISBN: 9780256257113

4th Edition

Authors: Michael W. Maher, Edward B. Deakin

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