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Problem 1 (Textbook Reference: E3-2)-Compute Equivalent Units in Depa units were

ID: 2612070 • Letter: P

Question

Problem 1 (Textbook Reference: E3-2)-Compute Equivalent Units in Depa units were started during the months, and 7,000 units were completed and transferred to finished goods inventory. The rtment C, materials are added at the beginning of the process. There were 1,000 units in beginning inventory, 10,000 endin are the equivalent units of production for materials and conversion? g inventory in Department C in June was 40% complete as to conversion costs. Under the average cost method, what Problem 1 Answer Template Production Report (Weigted Average Method UNIT INFORMATION Units to account for Units in beginning work in process inventory Units started/transferred in during the period Total units to account for Equivalent Units Materials Conversion Units completed &transferred; out Units in ending work in process inventory Total units accounted for

Explanation / Answer

Units to account for :

Units accounted for :

Equivalent Units

Units in beginning work in process inventory 1000 Units started/transferred in during the period 10,000 Total Units Account for 11000
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