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Calculate equivalent units and prepare a cost per equivalent unit schedule. Item Amount Units started and completed 50,000 units Beginning work in process 10,000 units

Calculate equivalent units and prepare a cost per equivalent unit schedule.

Item

Amount

Units started and completed

50,000 units

Beginning work in process

10,000 units

Ending work in process

5,000 units

  • Requirements:
    1. Calculate the equivalent units of production for direct materials.
    2. Calculate the equivalent units of production for conversion costs.
    3. Prepare a cost per equivalent unit schedule.

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