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Radford Products adds materials at the beginning of the process in Department A. The...

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Question

Accounting

Radford Products adds materials at the beginning of the process in Department
A. The following information on physical units for Department A for the month of
January is available.
Units started in January
Units completed in January
Work in process, January 1(25% complete with respect to conversion)
Work in process, January 31(40% complete with respect to conversion)
Required:
a. Compute the equivalent units for materials costs and for conversion costs
using the weighted-average method.
b. Compute the equivalent units for materials costs and for conversion costs
using the FIFO method.
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