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Exercise 8-30 (Algo) Compute Equivalent Units: FIFO Method (LO 8-1, 5) Materials are added at the beginning of the production process at Campo Company.
Exercise 8-30 (Algo) Compute Equivalent Units: FIFO Method (LO 8-1, 5) Materials are added at the beginning of the production process at Campo Company. Campo uses a FIFO process costing system. The following information on the physical flow of units is available for the month of November: Beginning work in process (38% complete) Started in November Completed in November and transferred out Ending work in process (68% complete) Required: 94,000 1,015,000 967,000 142,000 Compute the equivalent units for the conversion cost calculation. Equivalent units
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