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HELP ME WITH THIS Turto Chemicals produces a solvent in its Allentown, PA plant. Three chemicals are combined at the start of the process and

HELP ME WITH THIS

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Turto Chemicals produces a solvent in its Allentown, PA plant. Three chemicals are combined at the start of the process and blended under pressure for a period of time. At the 704% point of completion, an additional chemical is added. The following information has been gathered: Chemical Conversion Mix Additional Chemical Cost Gallons Beg. WIP $ 1,000 S -0- 5 19,700 10,000 Added 10,000 22,000 312,000 100,000 Turto completed 98,000 gallons during the month. The process engineer informs you that the beginning WIP was at the 309% completion point, the ending WIP is at 759%. Which of the following is true regarding conversion cost's equivalent unit of production? O A. It is higher using the weighted average method. O B. It is lower using the weighted average method. O C. It is the same regardless of which method the firm uses. O D. There is not enough information to calculate the equivalent units of conversion cost, O E. None of the above

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