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A paint producer reports the following information: Units Conversion Percent Complete Beginning work in process inventory 404,000 30% Units started this period 788,000 Units completed
A paint producer reports the following information:
| Units | Conversion | |
|---|---|---|
| Percent Complete | ||
| Beginning work in process inventory | 404,000 | 30% |
| Units started this period | 788,000 | |
| Units completed and transferred out | 848,000 | |
| Ending work in process inventory | 344,000 | 65% |
A company uses the weighted-average method. What are total equivalent units of production for conversion costs?
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Financial & Managerial Accounting, 1, 2 Terms (12 Months)
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th Edition
133727075X, 9781337270755
