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The following information pertains to the Ralph Company: Units Work-in-process inventory, June 1 (30% complete) 20,000 Units transferred in 50,000 Work-in-process inventory, June 30 (60%
The following information pertains to the Ralph Company:
Units
Work-in-process inventory, June 1 (30% complete) 20,000
Units transferred in 50,000
Work-in-process inventory, June 30 (60% complete) 16,000
Materials are added at the start of the process.
How many equivalent units for conversion costs would there be using the FIFO method?
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