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Under FIFO, to calculate the number of equivalent units, ask yourself: What did we do during the ________ period to get beginning inventory from x%
Under FIFO, to calculate the number of equivalent units, ask yourself: What did we do during the ________ period to get beginning inventory from x% to y% complete and what did we do during the _______ period to get ending inventory to z% complete?
A current, current
B prior, current
C current, prior
D prior, prior
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