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Question - In the month of June, a department had 21500 units in beginning work in process that were 65% complete. During June, 90200 units were transferred into production from another department. At the end of June there were 9700 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. Compute the equivalent units of production for conversion costs for June?
Indicate the information you would extract and some ratios you might calculate from the Comprehensive Annual Financial Report for each of the following major.
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