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QUESTION 16 Carrington Corporation produces canned vegetable soup. The company uses the weighted-average method in its process costing system. The company sold 300,000 units in
QUESTION 16 Carrington Corporation produces canned vegetable soup. The company uses the weighted-average method in its process costing system. The company sold 300,000 units in January. Data concerning inventories follow: Inventory at January 1 Work in process Finished goods Inventory at January 31 Work in process (75% complete with respect to conversion costs) Finished goods What were the equivalent units for conversion costs for January? None 75,000units 24,000units 60,000units 303,000 units 300,000 units 309,000 units 285,000 units
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