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A process manufacturer reports the following: Units Conversion Percent Complete Beginning work in process inventory 158,000 85% Units started this period 330,000 Units completed and
A process manufacturer reports the following:
| Units | Conversion | |
|---|---|---|
| Percent Complete | ||
| Beginning work in process inventory | 158,000 | 85% |
| Units started this period | 330,000 | |
| Units completed and transferred out | 360,000 | |
| Ending work in process inventory | 128,000 | 25% |
Assume the company utilizes the wieghted-average method. What are the 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
