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A process manufacturer that uses the weighted-average method reports the following. Conversion Units Percent Complete Beginning work in process inventory 25,000 90% Units completed and
A process manufacturer that uses the weighted-average method reports the following.
Conversion | ||
---|---|---|
Units | Percent Complete | |
Beginning work in process inventory | 25,000 | 90% |
Units completed and transferred out | 95,000 | |
Ending work in process inventory | 30,000 | 50% |
Equivalent units of production for conversion are:
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