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Consider the following information for Hamburg Corporation:
| | Units |
| Beginning inventory | 80,000 |
| Units started during the year | 150,000 |
| Ending inventory | 62,000 |
Inventory is 100% complete as to materials and 60% complete as to conversion.
| | Materials | Conversion |
| Beginning costs (SAR) | 420,000 | 687,000 |
| Costs added during the period (SAR) | 1,250,000 | 983,000 |
Using the WEIGHTED AVERAGE method:
- Calculate the number of units completed during the period.
- Calculate equivalent units for conversion during the period.
- Calculate cost per equivalent units for Materials.
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