What are the equivalent units of production

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Question - The following data refer to the units processed by the assembly department for a recent month:

Beginning work-in-process (50% complete) 40,000 units

Units started 240,000 units

Ending work-in-process (60% complete) 25,000 units

If materials are added at 55% stage of completion, what are the equivalent units of production for the conversion cost under the FIFO method?

Reference no: EM132542271

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