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[The following information opplies 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 opplies 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 beginning of the first process. Additional information for the first process follows. Required: 1. Compute equivalent units of production for both direct materials and conversion

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