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Determine equivalent units of production for conversion cost

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Reference no: EM132669042

15,000 units in a process that are 80% complete are referred to as: Lotz Painting Company has the following production data for March:

Beginning work in process, 0 units

Units transferred out, 42,000

Units in ending work in process, 10,000, which are 80% complete for conversion costs Materials are added only at the beginning of the process. Instructions

Problem 1: Compute equivalent units of production for both materials and conversion costs.

 

Reference no: EM132669042

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