Vroom Inc. makes miniature toy cars. The Plastic Moulding Department had the following data from February, 2013:
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Vroom Inc. makes miniature toy cars. The Plastic Moulding Department had the following data from February, 2013:
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% Complete Materials Units Conversion WIP, February 1 Units started in production in Feb Units completed and transferred to 8,000 20% 10% 124,000 the next department WIP, February 28 125,000 7,000 100% 20% 100% 50% Calculate the equivalent units using both the weighted average and FIFO methods. Materials Conversion Weighted Average Units transferred to the next department WIP February 28 Total equivale Materials FIFO WIP February 1 Units started and completed WIP February 28 Conversion otal equivalent units
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