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In August Riverwood Manufacturing recorded the following information pertaining to its use of materials in...

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Accounting

In August Riverwood Manufacturing recorded the following information pertaining to its use of materials in Work in Process (equivalent units are denoted by EU): Beginning inventory 4,000 EUs @ $3.375 per EU Materials added $217,000 Completed units transferred out. 40,000 Ending inventory 15,300 EUs

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