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The Evanston plant of Fit-for-Life Foods Corporation produces low-fat salad dressing. The following data pertain to the year just ended. Exercise 4-19 Physical Flow and
The Evanston plant of Fit-for-Life Foods Corporation produces low-fat salad dressing. The following data pertain to the year just ended. Exercise 4-19 Physical Flow and Equivalent Units: Weighted Average (L04-1,4-3) Percentage of Completion Direct Material Conversion 80% 60% 70% 30% Units 20,000 b 15,000 b. Work in process, January Work in process, December 31 During the year, the company started 120.000 pounds of material in production. Required. Prepare a schedule analyzing the physical flow of units and computing the equivalent units of both direct material and conversion for the year. Use weighted average process costing
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