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Concordia Managerial Accounting (COMM 305 & ACCO 24 ES STANDARD VIEW PINTER VERSION HACK NENTI...

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Concordia Managerial Accounting (COMM 305 & ACCO 24 ES STANDARD VIEW PINTER VERSION HACK NENTI 5 Question 24 Crane Company uses the FIFO method to calculate equivalent units. It has 1500 units in beginning Work in Process, 10% complete as to conversion costs and 40% complete as to materials costs, 24000 units started, and 2500 units in ending Work in Process, 20% complete as to conversion costs, and 70% complete as to materials cost. How much are the equivalent units for materials under the FIFO method? 24150 24000 24750 25500

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