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(BACA) company's records show the following information concerning the work in process in a chemical plant. Beginning inventory-10,000 units (materials are 20% complete; conversion
(BACA) company's records show the following information concerning the work in process in a chemical plant. Beginning inventory-10,000 units (materials are 20% complete; conversion costs are 30% complete) b. Transferred out - 50,000 units 9. Ending inventory- (materials are 10% complete, conversion costs are 15% complete) d. Started this month - 45,000 units Requirements: Compute for the equivalent units for materials and conversion costs under the following methods: 1. FIFO method 2. Average method the following
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