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Use the Following Information to Perform the Calculations Requested Below,assuming

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Essay

Use the following information to perform the calculations requested below,assuming that the average costing approach to a process costing system is being used.
Beginning work in process inventory: 16,000 units,100 percent complete as to direct materials,85 percent complete as to conversion costs
Ending work in process inventory: 36,000 units,100 percent complete as to direct materials,70 percent complete as to conversion costs
Units started during the month: 59,000
a.Calculate units to be accounted for during the month.
b.Calculate units completed and transferred out during the month.
c.Calculate equivalent units for direct materials.
d.Calculate equivalent units for conversion costs.

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Definitions:

Service

The action of helping or doing work for someone, often refers to intangible goods offered by businesses.

Excellent

A term used to describe something of very high quality.

Quantitative Data

Information that can be measured and written down with numbers, including any data that is about numeric variables.

Numeric

Relating to, consisting of, or denoting numbers, often used to describe data types that can be quantified and manipulated mathematically.

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