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Current Attempt in Progress The machining department of Vaughn Manufacturing had a busy year! Management evaluated the stage of completion of ending WIP Inventory and

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Current Attempt in Progress The machining department of Vaughn Manufacturing had a busy year! Management evaluated the stage of completion of ending WIP Inventory and recorded the following in Step 1 of its process costing analysis. Vaughn adds its conversion costs evenly throughout be machining process. Determine the equivalent units of production for both DM and conversion costs this year for the Vaughn machining department under the FIFO method. According to the completion percentages in part (a), does Vaughn add DM costs in the machining department closer to the beginning, the middle, or the end of the process? Determine the equivalent units of production for both DM and conversion costs this year for the Vaughn machining department under the weighted-average method. The machining department of Vaughn Manufacturing had a busy year! Management evaluated the stage of completion of ending WIP Inventory and recorded the following in Step 1 of process costing analysis. Step 1: Verify physical units in the period and identify degree of comnletion aughn adds its conversion costs evenly throughout the machining rocess. Determine the equivalent units of production for both DM and conversion costs this year for the Vaughn machining department under the FIFO method. According to the completion percentages in part (a), does Vaughn add DM costs in the machining department closer to the beginning the middle, or the end of the process? Determine the equivalent units of production for both DM and conversion costs this year for the Vaughn machining department under the weighted-average method

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