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Required Information [The following information applles to the questlons displayed below.] Victory Company uses welghted average process costing. The company has two production processes. Conversion

image text in transcribed Required Information [The following information applles to the questlons displayed below.] Victory Company uses welghted average process costing. The company has two production processes. Conversion cost Is added evenly throughout each process. Direct materlals are added at the beginning of the first process. Additional Information for the first process follows. Required: 1. Compute equivalent units of production for both direct materlals and conversion

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