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Compute the total equivalent units of production

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Question: Refer to QS and compute the total equivalent units of production with respect to labor for June using the FIFO inventory method.

QS: The following refers to units processed in Heath Printing's binding department in June. Compute the total equivalent units of production with respect to labor for June using the weighted-average inventory method.

                                                              Units of                                          Percent of
                                                              Product                                        Labor Added

Beginning goods in process . . . . . . . . . . . . 150,000                                               85%

Goods started . . . . . . . . . . . . . . . . . . . . . . 310,000                                            100

Goods completed . . . . . . . . . . . . . . . . . . . 340,000                                              100

Ending goods in process . . . . . . . . . . . . . . 120,000                                                25

Reference no: EM131538471

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