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Beginning WIP, April 1-1,000 ornaments; 25% complete with respect to materials and 10% complete with respect to conversion costs Beginning WIP material costs-1, 113;
Beginning WIP, April 1-1,000 ornaments; 25% complete with respect to materials and 10% complete with respect to conversion costs Beginning WIP material costs-1, 113; conversioncosts=194 Started in April 5,000 ornaments Material costs in April - 22, 487Conversioncostsin April 14,056 Ending WIP, April 30-500 ornaments; 80% complete with respect to materials and 40% complete with respect to conversion costs 1) Using the FIFO process costing method, what is the total number of equivalent units with respect to materials and conversion for the period? What are the costs per equivalent unit for materials and conversion? Ready? Enter your answer here.
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