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ASAP. Thanks. Carla Vista Inc. started the period with an opening Work-in-Progress (WIP) Inventory of 2150 units that were 100% complete with regard to Direct
ASAP. Thanks.
Carla Vista Inc. started the period with an opening Work-in-Progress (WIP) Inventory of 2150 units that were 100% complete with regard to Direct Materials (DM) and 55% complete with regard to Conversion Costs (CC). During the period, the company started 7550 new units, and had completed and removed 6950 units from WIP inventory. 2750 units in ending inventory were 100% complete with respect to Direct Materials and 45% complete with respect to Conversion Costs. What will be the total equivalent units of Direct Materials if the First-In, First-Out (FIFO) methor is used, and what would be the answer if the Weighted-Average method is used? 6950 for FIFO and 9700 for Weighted-Average 9700 for FIFO and 7550 for Weighted-Average 7550 for FIFO and 9700 for Weighted-Average 9700 for FIFO and 6950 for Weighted-AverageStep by Step Solution
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