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Question - Department G had 3,600 total equivalent units for direct material, with total equivalent units for conversion of 2,000 units, and the following manufacturing costs:
Direct materials transferred into the manufacturing department 402,300
Conversion cost for the period in the manufacturing department 25,200
Required - Determine the equivalent units of direct materials and conversion costs, respectively?
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An investor believes that the U.S. dollar will rise in value relative to the Japanese yen. The same investor is considering two investments with identical risk.
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