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Evaluate equivalent units of production for conversion cost

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Reference no: EM132692235

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 cost

Reference no: EM132692235

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