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MediSecure, Incorporated, uses the FIFO method of process costing. It produces clear plastic containers for pharmacies in a process that starts in the Molding
MediSecure, Incorporated, uses the FIFO method of process costing. It produces clear plastic containers for pharmacies in a process that starts in the Molding Department. Data concerning that department's operations in the most recent period appear below: Beginning work in process: Units in process Completion with respect to materials Completion with respect to conversion Units started into production during the month Units completed and transferred out Ending work in process: Units in process Completion with respect to materials Completion with respect to conversion Required: 550 77% 48% 153,600 153,670 480 70% 28% Compute the Molding Department's equivalent units of production for materials and conversion for the period. Note: Round your intermediate and final answers to the nearest whole number. Materials Equivalent units of production Conversion
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