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Required information Skip to question [The following information applies to the questions displayed below.] The first production department in a process manufacturing system reports the
Required information
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[The following information applies to the questions displayed below.]
The first production department in a process manufacturing system reports the following unit data.
Beginning work in process inventory | 24,000 | units |
---|---|---|
Units started and completed | 56,000 | units |
Units completed and transferred out | 80,000 | units |
Ending work in process inventory | 16,000 | units |
Prepare the departments equivalent units of production for direct materials for each of the three separate assumptions using the FIFO method.
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