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Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows: - Beginning inventory, 195,000 partially complete liters. - Ending inventory, 165,000
Patton Dyes manufactures colorings, primarily for textiles. Information on the work in process follows: - Beginning inventory, 195,000 partially complete liters. - Ending inventory, 165,000 liters; units are 25 percent complete with respect to materials and 60 percent complete with respect to conversion costs. - Started this month, 706,000 liters. Required: a. Compute the equivalent units for materials using the weightedaverage method. b. Compute the equivalent units for conversion costs using the weighted-average method
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