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! Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] A process
! Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] A process manufacturer reports the following: Conversion Percent Units Beginning work in process inventory 166,000 Complete 90% Units started this period 350,000 Units completed and transferred out Ending work in process inventory 380,000 136,000 25% QS 20-5 (Algo) Weighted average: Computing equivalent units of production LO P1 Compute the total equivalent units of production for conversion. The company uses the weighted average method. Equivalent units of production: Weighted average method Beginning work in process inventory Total Units Conversion EUP Percent Complete
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