Work in process: Calculate equivalent units of production
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A process with 1,200 units of beginning work in process, completed and transferred out 15,000 units during a period. There were 7,500 units in the ending work in process that were 50% complete as to conversion costs. Materials are added 80% at the beginning of the process and 20% when the units are 90% complete. How much is equivalent units of production for the period for material costs?
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Your tutorial is in Excel attached (click in cells to see computations). This is now a template for other similar problems.
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Your tutorial is in Excel attached (click in cells to see computations). This is now a template for other similar problems.
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