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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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