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Beginning inventory was 70 percent complete. Ending inventory was 40 percent complete. All finished products are translerred ou Be sure to first give the equation

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Beginning inventory was 70 percent complete. Ending inventory was 40 percent complete. All finished products are translerred ou Be sure to first give the equation to be used and then plug in your numbers and show ALL your work to receive full round rates to FIVE decimal places. a. Using a Weighted Average Cost flow, what are Equivalent Units of Production for materials? (5 Pts.) b. Using a Weighted Average cost flow, what is the Cost/unit for Materials? (4 Pts) c. Using a Weighted Average Cost flow, what is the Cost of Ending WIP? (5 Pts.) d. Using a FIFO Cost flow, what are Equivalent Units of Production for Conversion costs? (7 Pts.) Using a FIFO cost flow, what is the Cost/unit for Conversion? (4 Pts.) Using a FIFO Cost flow, what are Costs Transferred Out for Conversion? (8 Pts.) What are Total Units to Account For? (3 Pts.)

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