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The inventory at May 1 and the cost charged to Work-In-Process Department B during May for the Star Company are as follows: 8000 units, va

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The inventory at May 1 and the cost charged to Work-In-Process Department B during May for the Star Company are as follows: 8000 units, va completed $65,600 From Department A, 43,500 units $78,300 Direct Labor $292,400 Factory Overhead $64,600 Goods finished during May 42,500 completed Inventory, May 31 9000 units, 2/3 completed During May, all Direct Materials are transferred from Department A. Inventories are costed by the First-In, First-Out method. Question: The equivalent units of production for conversion costs are 42 500 units. Select one: O True O False

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