Determine physical units and equivalent units of production for Company C under the (1) FIFO...
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Determine physical units and equivalent units of production for Company C under the (1) FIFO method and (2) weighted-average method. Determine physical units and equivalent units of production for Company C under the (1) FIFO method and (2) weighted-average method. (1) FIFO method STEP 2 (2) Weighted-average method \begin{tabular}{lrll} & \multicolumn{1}{c}{ Company C } \\ \hline Units in beginning WIP Inventory & 9,100 & Additional information:Additional information: \\ Units started this period & ? & - & Units in beginning WIP Inventory are 80% complete for conversion costs. \\ Units completed & 29,600 & - & Units in ending WIP Inventory are 30% complete for conversion costs. \\ Units in ending WIP Inventory & 4,900 & - & DM is added when units reach 95% complete for conversion costs. \end{tabular}
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Determine physical units and equivalent units of production for Company C under the (1) FIFO method and (2) weighted-average method. Determine physical units and equivalent units of production for Company C under the (1) FIFO method and (2) weighted-average method. (1) FIFO method STEP 2 (2) Weighted-average method \begin{tabular}{lrll} & \multicolumn{1}{c}{ Company C } \\ \hline Units in beginning WIP Inventory & 9,100 & Additional information:Additional information: \\ Units started this period & ? & - & Units in beginning WIP Inventory are 80% complete for conversion costs. \\ Units completed & 29,600 & - & Units in ending WIP Inventory are 30% complete for conversion costs. \\ Units in ending WIP Inventory & 4,900 & - & DM is added when units reach 95% complete for conversion costs. \end{tabular} 