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Compute equivalent units of production. (LO 3), AP
The Smelling Department of Kiner Company has the following production data for November.
Beginning work in process 2,000 units that are 100% complete as to materials and 20% complete as to conversion costs: units transferred out 9,000 units: and ending work in process 7,000 units that are 100% complete as to materials and 40% complete as to conversion costs.
Compute the equivalent units of production for (a) materials and (b) conversion costs for the month of November.
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