Eastern Company manufactures a product that passes through two processes. The following information is available...
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Accounting
Eastern Company manufactures a product that passes through two processes. The following information is available for the first department for August: Beginning work-in-process consisted of 24,000 units that were 85 percent comp with respect to conversion. Ending work-in-process consisted of 15,000 units that were 30 percent complete respect to conversion. 141,000 units were started in process during the month. All materials are added at the beginning of the process. Required: a. Prepare a detailed summary of units in process during the month. b. Compute equivalent units in process for Materials and Conversion using the weigh average method

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