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Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows: Beginning inventory, 210,000 partially complete liters. Ending inventory, 180,000 liters; units
Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows: Beginning inventory, 210,000 partially complete liters. Ending inventory, 180,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs. Started this month, 709,000 liters. Required: a. Compute the equivalent units for materials using the weighted- average method. b. Compute the equivalent units for conversion costs using the weighted-average method. a. Materials E
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