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CoursHeroTranscribedText: Exercise 5: Equivalent Units of Production with Lost Units The Nangen Mig. Co. operates...

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Accounting

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CoursHeroTranscribedText: Exercise 5: Equivalent Units of Production with Lost Units The Nangen Mig. Co. operates two consecutive producing departments, A and B The following quantity date are on Department A's production in December, 19G. In process, Dec. 1 5,000 units, 1/5 done Placed in process.. 50,000 units In process, Dec. 31 3,000 units, 2/3 done Transferred out 49,500 units Instruction: Compute for equivalent units of production under each of the following independent assumptions. a. Loss occurs at the beginning of the process b. Loss occurs progressively during process (Method II) c. Loss occurs when the goods are 1/2 done d. Loss occurs upon completion

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