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1. Find the Beginning Work in Process 2. Determine the equivalent units for materials...

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Accounting

1. Find the Beginning Work in Process
2. Determine the equivalent units for materials and conversion based on the following information.
Units in beginning work in process = 2,000
Units started during this period = 15,000
Units completed and transferred to the next department = 10,000
Units in ending work in process = 7,000
Units in ending work in process are 70% complete regarding materials
Units in ending work in process are 40% complete regarding conversion.

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