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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
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. Beginning work in process inventory Units 298,000 Conversion Percent Complete 60% Units started this period 575,000 Units completed and transferred out 637,800 Ending work in process inventory 235,200 50%
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