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Process costing: 4 points. Victory Company Inc. has two production processes. Conversion cost is adde evenly throughout each process. Direct materials are added at the
Process costing: 4 points. Victory Company Inc. has two production processes. Conversion cost is adde evenly throughout each process. Direct materials are added at the beginning of the first process. Victory uses weighted-average process costing. Given Victory Company's information, calculate equivalent units of production (EUP) for both direct materials and conversion: \begin{tabular}{l|l|l|l|l|l} \hline & & & \\ EUP, Direct materials \\ EUP, Conversion \end{tabular}
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