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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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