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Compute the number of equivalent units produced

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Reference no: EM132610622

Question 1: A company uses the FIFO method for inventory costing. At the beginning of a period, the production department had 44,000 units in beg. WIP inventory which were 38% complete; the department completed and transferred 173,000 units. At the end of the period, 20,000 units were in the ending WIP inventory and are 73% complete. Compute the number of equivalent units produced by the department.

Reference no: EM132610622

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