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Aaron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following information is available for physical units

Aaron Company has a process costing system. All materials are introduced when conversion costs reach 50 percent. The following information is available for physical units during March.

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  1. Compute the equivalent units for materials costs and for conversion costs using the weighted-average method.
  2. Compute the equivalent units for materials costs and for conversion costs using the FIFO method.
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