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Compute the equivalent units for conversion costs

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Question - Compute equivalent units: weighted average method

Clean Corporation manufactures liquid window cleaner. The following information concerns its work in process:

Beginning inventory, 8,000 partially complete gallons.

Transferred out, 42,000 gallons.

Ending inventory (materials are 10 percent complete; conversion costs are 20 percent complete).

Started this month, 48,000 gallons.

Compute the equivalent units for materials using the weighted-average method.

Compute the equivalent units for conversion costs using the weighted-average method.

Reference no: EM131797852

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