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The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production with respect to conversion for
The following refers to units processed by a breakfast cereal maker in August. Compute the total equivalent units of production with respect to conversion for August using the weighted-average inventory method. Conversion Percent Complete 60% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 241,000 590,000 643,400 187,600 50% Multiple Choice 643,400 737,200 O O 831,000 O 788,000 881,800
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