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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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