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20: Homework 2 of 21 Question 2-Ch 20: Homework - Connect Saved Help Save & Exit Submit Check my work Required information Use the following
20: Homework 2 of 21 Question 2-Ch 20: Homework - Connect Saved Help Save & Exit Submit Check my work Required information Use the following information for the Exercises below. (Algo) 1 [The following information applies to the questions displayed below.] The first production department in a process manufacturing system reports the following unit data. Beginning work in process inventory Units started and completed 28,800 units 67,200 units Units completed and transferred out 96,000 units Book Ending work in process inventory 16,800 units Hint rences Exercise 20-5A (Algo) FIFO: Computing equivalent units LO C2 Prepare the department's equivalent units of production for direct materials for each of the three separate assumptions using the FIFO method. Equivalent Units of Production (EUP)-FIFO Method 1. All direct materials are added to products when processing begins. Direct Materials Units Percent Added EUP < Prev 2 of 19 Next > ork i M Questio Saved Required information 2. Beginning inventory is 40% complete as to direct materials costs. Ending inventory is 75% complete as to direct materials costs. Total: Direct Materials Units Percent Added EUP 3. Beginning inventory is 70% complete as to direct materials costs. Ending inventory is 20% complete as to direct materials costs. Total < Prev Direct Materials Units Percent Added EUP 32 of 19 Next >
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