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3. Using the average cost method, compute the equivalent units of production if the beginning inventory consisted of 20,000 units; 55,000 units were started in
3. Using the average cost method, compute the equivalent units of production if the beginning inventory consisted of 20,000 units; 55,000 units were started in production; and 57,000 units were completed and transferred to finished goods inventory. For this process, materials are added at the beginning of the process, and the units are 35% complete with respect to conversion
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