The following information is provided by Gibson Company:
The units in ending WIP inventory were 85% complete for materials and 35% complete for conversion costs. All manufacturing costs are added during the process.
Required
A. What are the total equivalent units for direct materials?
B. At the end of the year, what are the equivalent units for conversion costs?
Definitions:
Representative Plaintiff
An individual in a class action lawsuit who represents the interests of the class members and whose experience typifies the grievances of the whole class.
Named Plaintiff
A named plaintiff is an individual who brings a lawsuit or is named in a legal action on behalf of a group in a class action lawsuit, representing the interests of the members of the class.
Lead Plaintiff
A representative party in a class-action lawsuit who has a significant interest in the outcome and leads the litigation process.
Sexual Dichotomism
The belief or ideology that there are only two distinct and opposite genders, male and female, which are determined by biological sex.
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