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Beginning work in process was half completed as to labor and overhead. Direct materials are added at the beginning of the process. All conversion costs
Beginning work in process was half completed as to labor and overhead. Direct materials are added at the beginning of the process. All conversion costs are incurred evenly throughout the process. The ending work in process was complete. Direct materials, drect manufacturing labor, and factory overhead costs incurred during March are $ and $ respectively. Direct materials and conversion costs of beginning work in process inventory are and $ respectvely. The company uses the weightedaverage method for inventory valuation.
E this is the first time you encounter the data given above please keep a record of your calculations because there are several questions related to these data.
What are the equivalent units of work done to date regarding conversion costs?
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