Calculate the Equivalent Units of Production for Pennsauken Company's Work In Process, based on the...
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Calculate the Equivalent Units of Production for Pennsauken Company's Work In Process, based on the following facts as of December 31, 2021:
Units Completed and Transferred Out 100,000
Units in Ending Work in Process $40,000
Direct Materials 100% Complete
Conversion Costs 50% Complete
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