I department had 12,500 units which were 20% complete in the beginning goods in process...
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Accounting
I department had 12,500 units which were 20% complete in the beginning goods in process inventory. During the current period 60,000 units were transferred in. Ending goods in process inventory was 15,000 units which are 70% complete. Assume this company uses the weighted average method of process costing indirect materials is added uniformly throughout the process. What are the equivalent units produced with respect to direct material?
I department had 12,500 units which were 20% complete in the beginning goods in process inventory. During the current period 60,000 units were transferred in. Ending goods in process inventory was 15,000 units which are 70% complete. Assume this company uses the weighted average method of process costing indirect materials is added uniformly throughout the process. What are the equivalent units produced with respect to direct material?
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You can see the logs in the Dashboard.