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Business, 26.09.2019 20:30 xojade

Richards corporation uses the fifo method of process costing. the following information is available for october in its fabricating department: units: beginning inventory: 94,000 units, 80% complete as to materials and 25% complete as to conversion. units started and completed: 264,000. units completed and transferred out: 358,000. ending inventory: 37,000 units, 40% complete as to materials and 15% complete as to conversion. costs: costs in beginning work in process - direct materials: $37,200. costs in beginning work in process - conversion: $79,700. costs incurred in october - direct materials: $646,800. costs incurred in october - conversion: $919,300. calculate the equivalent units of conversion.

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Richards corporation uses the fifo method of process costing. the following information is available...
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