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Equivalent Units of Conversion Costs The Rolling Department of Oak Ridge Steel Company had 300 tons in beginning work in process inventory (25% complete) on
Equivalent Units of Conversion Costs
The Rolling Department of Oak Ridge Steel Company had 300 tons in beginning work in process inventory (25% complete) on July 1. During July, 2,200 tons were completed. The ending work in process inventory on July 31 was 500 tons (40% complete).
What are the total equivalent units for conversion costs?
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