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FIFO METHOD, ASSIGNING COSTS ( CONTINUATION OF 1 8 - 2 6 ) . RequiredFor the data in Exercise 1 8 - 2 4 ,

FIFO METHOD, ASSIGNING COSTS (CONTINUATION OF 18-26).RequiredFor the data in Exercise 18-24, use the FIFO method to summarize total costs to account for, calculate cost per equivalent unit for direct materials and conversion costs, and assign costs to units completed (and transferred out) and to units in ending work-in-process inventory.

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