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Paper Savers Corporation produces wood pulp that is used in making paper. The following data pertain to the company's production of pulp during September:
Tons direct Materials conversion CostsWork in process, Aug 31 40,000 100% 60%Placed into Production 250,000 xxxxx xxxxxWork in process, Sept 30 80,000 100% 40%
Compute the equivalent units of production for direct materials and conversion costs for September using the FIFO costing method.
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