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Selected current year - end financial statements of Cabot Corporation follow. ( All sales were on credit; selected balance sheet amounts ( a ) Compute
Selected current yearend financial statements of Cabot Corporation follow. All sales were on credit; selected balance sheet amounts a Compute the number of units started and completed this period.
b Compute the equivalent units of production for materials and for conversion for November. Use the FIFO method.
Complete this question by entering your answers in the tabs below.
Compute the equivalent units of production for materials for November. Use the FIFO method.
Required information
a Compute the number of units started and completed this period.
b Compute the equivalent units of production for materials and for conversion for November. Use the FIFO method.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Required B
Materials
Conversion
Compute the equivalent units of production for conversion for November. Use the FIFO method.
at December of the prior year were inventory, $; total assets, $; common stock, $; and retained earnings,
$
Required:
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