A company's beginning work in process inventory consisted of 20,000 units that were 20% complete...
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Accounting
A company's beginning work in process inventory consisted of units that were complete with respect to conversion costs. These beginning units were completed and another units were started during the current period. Of those started, were finished and the remaining were complete at the end of the period. The equivalent units of production for conversion costs using the weighted average cost method were:
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