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The following refers to units processed by an ice cream maker in July. Beginning work in process Goods started Goods completed Ending work in process
The following refers to units processed by an ice cream maker in July. Beginning work in process Goods started Goods completed Ending work in process Gallons of Percent of Product Conversion 360,000 356 700,000 100 760,000 100 300,000 65 Compute the total equivalent units of production with respect to conversion for July using the FIFO method Equivalent units of production (EUP) with respect to conversion - FIFO method % Units Conversion EUP Total units Goods star Goods completed Ending work in process 760,0 300,0 Compute the total equivalent units of production with re Equivalent units of production (EUP) with respect to conv Units CC 234,000 100,000 5,000 2,000 Beginning work in process inventory - units Ending work in process inventory - units Total units accounted for Total units to account for Compute the total equivalent units of production with respect Equivalent units of production (EUP) with respect to conversion % Units Convers 234,000 400,000 Total units accounted for 5,000 Total units to account for 2,000 Units completed and transferred out Units started and completed Units started this period
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