EB1.
LO 5.3Given the following information, determine the equivalent units of ending work in process for materials and conversion using the weighted-average method:
Beginning inventory of 750 units is 100% complete with regard to materials and 30% complete with regard to conversion.
9,500 units were started during the period.
8,900 units were completed and transferred.
Ending inventory is 100% complete with regard to materials and 68% complete with regard to conversion.
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