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E6-11 Page 353 Assume each of the following conditions concerning the data given: 1. All...

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Accounting

E6-11 Page 353

Assume each of the following conditions concerning the data given: 1. All materials are added at the beginning of the process.

In all cases, labor and factory overhead are added evenly Production Summary Work in process, beginning of month 3,000

Stage of completion 1/2

Started in process 18,000

Finished and transferred 19,000

Work in process, end of month 2,000

Stage of completion 3/4

Compute the equivalent units of production for materials using FIFO.

24,000

21,000

18,000

16,000

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