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A process manufacturer reports the following: Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process
A process manufacturer reports the following: Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 158,000 330,000 360,000 128,000 Conversion Percent Complete 85% 25% (a) Compute the number of units started and completed this period. (b) Compute the total equivalent units of production for conversion. The company uses the FIFO method.
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