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Gregory, which uses a process-costing system, adds all material at the beginning of production and incurs conversion cost evenly throughout manufacturing (estimated to be 40%

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Gregory, which uses a process-costing system, adds all material at the beginning of production and incurs conversion cost evenly throughout manufacturing (estimated to be 40% complete at the end of period). The information that follows relates to the period just ended: Units started and completed: 75,000 Units in ending work-in-process inventory: 15,000, 40% complete Required: 1. What's the total equivalent units of production with respect to materia cost (3 Points)? 2. What's the total equivalent units of production with respect to conversion cost (3 Points)? HTML Edito

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