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The Rolling Department of Oak Ridge Steel Company had 5,200 tons in beginning work in...

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Accounting

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The Rolling Department of Oak Ridge Steel Company had 5,200 tons in beginning work in process inventory (90% complete) on July 1. During July, 86,800 tons were completed. The ending work in process inventory on July 31 was 4,300 tons (30% complete). What are the total equivalent units for direct materials for July if materials are added at the beginning of the process? units When a plantwide factory overhead rate is used, overhead costs are applied to all products by a single rate. O True O False

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