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M2Q2 Terminal Industries (TI) produces a product using three departments; Mixing, Processing, and Filtering. New material is added only in the Mixing Department. The following

M2Q2
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Terminal Industries (TI) produces a product using three departments; Mixing, Processing, and Filtering. New material is added only in the Mixing Department. The following information is given for the Processing Department for August. TI uses process costing. Required: Complete the production cost report for August using FiFO. Note: Round "Cost per equivalent unit" to 2 decimal places

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