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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. Units of Product Percent of Conversion Added Beginning Work in Process 247,000 60 % Units started 594,000 100 % Units completed 667,500 100 % Ending Work in Process 173,500 60 %
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