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#2,2 2 Magic Company adds materials at the beginning of the process in Department A. The following information on physical units fo Department A for
#2,2
2 Magic Company adds materials at the beginning of the process in Department A. The following information on physical units fo Department A for the month of August is available 5 points Work in proces, August 1 (60% complete with respect to conversion) Started in August Completed Work in process, August 31 (72% complete with respect to conversion) 17,500 119,100 119, 100 17,500 ebook Beterences Required: a. Compute the equivalent units for materials costs and for conversion costs using the weighted average method b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method Equivalent Units Materials Conversion Costs a Using the weighted average method b Using the FIFO method Step by Step Solution
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