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Given the following information for the month of April 2024, calculate the equivalent units of production for direct materials and conversion costs: Process Beginning Units
Given the following information for the month of April 2024, calculate the equivalent units of production for direct materials and conversion costs:
Process | Beginning Units | Units Started | Ending Units | Materials Cost ($) | Conversion Cost ($) |
Process 1 | 2,000 | 10,000 | 3,000 | $20,000 | $15,000 |
Process 2 | 4,000 | 6,000 | 5,000 | $25,000 | $18,000 |
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