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Determinet the Equivalent units of production for materials and conversion costs
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Production costs: 1. Transferred out 8960 units 2. Started 1,100 units that are 40% complete as to converstion costs and 100% complete as to materials at July 31 Costs: Beginning work in process $0 Materials 45,010 Labor 14,080 Manufacturing overhead 18,810
Equivalent units
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1. True or False. If 30,000 units of materials enter production during the first year of operations, 25,000 of the units are finished, and 5,000 are 30% completed, the number of equivalent units of production would be 28,500. I know that the answer is false but can someone help me understand... View more questions Search
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