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Required Information Use the following information for the Exercises below. (Algo) 1 [The following informotion opplies to the questions disployed below.] The first production department

image text in transcribed Required Information Use the following information for the Exercises below. (Algo) 1 [The following informotion opplies to the questions disployed below.] The first production department in a process manufacturing system reports the following unit data. Exerclse 16-4 (Algo) Weighted average: Computing equlvalent units LO P1 Prepare the production deportment's equivalent units of production for direct materials under each of the following three separate assumptions using the weighted overage method for process costing. 2. Beginning inventory is 30% complete as to direct materlale costs. Ending Inventory is 80% complete as to direct materlals costa. 3. Beginning inventory is 60% complete as to direct materlale costs. Ending Inventory is 30% complete as to direct materlals costg

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