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Magic Company adds materials at the beginning of the process in Department A. The following information on physical units for Department A for the month
Magic Company adds materials at the beginning of the process in Department A. The following information on physical units for Department A for the month of August is available: work in process, August 1 (57% complete with respect to conversion) Started in August Completed Work in process, August 31 (73% complete with respect to conversion) 16,800 120,500 20,500 16,800 Required a. Compute the equivalent units for materials costs and for conversion costs using the weighted-average methoo Equivalent Units Materials Conversion costs b. Compute the equivalent units for materials costs and for conversion costs using the FIFO method Equivalent Units Materials Conversion costs
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