Use the information below to answer the following questions:
The following information is provided by Adametz Company:
The units in ending WIP Inventory were 90% complete for materials and 50% complete for conversion costs.
-What are the total equivalent units for direct materials at Adametz Company?
Definitions:
Accounts Receivable
Financial obligations of customers towards a business for delivered but unpaid goods or services.
Operating Cycle
The duration of time it takes for a company to buy inventory, sell it to customers, and collect the cash from sales.
Merchandiser
An individual or company involved in the wholesale purchase and retail sale of goods for profit.
Sales Revenue
The money made from offering goods or services for sale over a specified duration.
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