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[The following information applies to the questions displayed below.] Victory Company uses weighted average process costing. The company has two production processes, Conversion cost is

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[The following information applies to the questions displayed below.] Victory Company uses weighted average process costing. The company has two production processes, Conversion cost is added evenly throughout each process. Direct materials are added at the begining of the first process. Aditional information for the first process follows: Required: 1. Compute equivalent units of production for both direct materiais and conversion

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