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WHAT ARE THE EQUIVALENT UNITS OF PRODUCTION USING A. FIFO B. AVERAGE COSTING Increase in units An increase of 20% occurs at the start of

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WHAT ARE THE EQUIVALENT UNITS OF PRODUCTION USING

A. FIFO

B. AVERAGE COSTING

image text in transcribed

Increase in units An increase of 20% occurs at the start of the process upon addition of materials. Compute for equivalent units of production using [a]FlFO and Ibl Average costing considering the information below: Work in Process, beg ( 2/7 done) Received fro m Preceding Work in Process, end (3/4 done) 7,000 units 20,000 units 9,000 units

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