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Ramos Corp. uses a process costing system to assign costs to its steel production. During March, Ramos had beginning Work in Process inventory of 2
Ramos Corp. uses a process costing system to assign costs to its steel production. During March, Ramos had beginning Work in Process inventory of tons of steel percent complete as to material and percent complete as to conversion During the month, the raw material needed to produce tons of steel was started in process. At monthend, tons remained in WiP Inventory percent complete as to material and percent complete as to conversion
a Compute the total units to account for.
b Determine how many units were started and completed.
c Determine the equivalent units of production using the weighted average method.
tableEU for muterials,
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