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Company B uses a process costing system. During January, 20,000 units were started in production; of these 15,000 were completed and transferred to the next
Company B uses a process costing system. During January, 20,000 units were started in production; of these 15,000 were completed and transferred to the next department. Materials are added in the beginning of the process. On January 2, the remaining 5,000 units were 20% complete with regard to labor and overhead. Calculate the equivalent units of (a) Direct Materials (b)Direct Labor and Factory Overhead
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