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Compute number of equivalent units produced by department

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Problem 1: A company uses the FIFO method for inventory costing. At the beginning ofa period, the production department had 20,000 units in beginning Work in Process inventory which were 40% complete; the department completed and transferred 165,000 units. At the end of the period, 22,000 units were in the ending Work in Process inventory and are 75% complete. Compute the number of equivalent units produced by the department.

Reference no: EM132795076

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