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1. Gibson Welding Company has the following production data for June: Beginning work in process, 0 units Units transferred out, 35,000 Units in ending work
1. Gibson Welding Company has the following production data for June:
Beginning work in process, 0 units
Units transferred out, 35,000
Units in ending work in process, 10,000, which are 30% complete for conversion costs
Materials are added only at the beginning of the process.
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Compute equivalent units of production for both materials and conversion costs.
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