Given the following information, determine the equivalent units of ending work in process for materials and conversion
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Given the following information, determine the equivalent units of ending work in process for materials and conversion under the weighted-average method:
• Beginning inventory of 2,500 units is 100% complete with regard to materials and 60% complete with regard to conversion
• 18,000 units were started during the period
• 17,500 units were completed and transferred
• Ending inventory is 100% complete with materials and 65% complete with conversion
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Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
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