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A process manufacturer reports the following: Units Conversion Percent Complete Beginning work in process inventory 150,000 80% Units started this period 310,000 Units completed and
A process manufacturer reports the following:
Units | Conversion | |
---|---|---|
Percent Complete | ||
Beginning work in process inventory | 150,000 | 80% |
Units started this period | 310,000 | |
Units completed and transferred out | 340,000 | |
Ending work in process inventory | 120,000 | 25% |
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