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Required information [The following information applies to the questions displayed below) A process manufacturer reports the following: Beginning work in process inventory Units started this
Required information [The following information applies to the questions displayed below) A process manufacturer reports the following: Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Conversion Units 154,000 Percent Complete 90% 320,000 350,000 124,000 35% (a) Compute the number of units started and completed this period. (b) Compute the total equivalent units of production for conversion. The company uses the FIFO method. Complete this question by entering your answers in the tabs below. Required A Required B Compute the number of units started and completed this period. Units started and completed 196,000 Depicted A Required B Conversion Percent Complete Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 154,000 98% 320,000 350,000 124,000 35% (a) Compute the number of units started and completed this period. (b) Compute the total equivalent units of production for conversion. The company uses the FIFO method. Complete this question by entering your answers in the tabs below. Required A Required B Compute the total equivalent units of production for conversion. The company uses the FIFO method. Equivalent units of production: FIFO method Unita Conversion Percent Added EUP Total < Required A Beacked B
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