EA3.
LO 5.3Given the following information, determine the equivalent units of ending work in process for materials and conversion under the weighted-average method:
beginning inventory of 2,500 units is 100% complete with regard to materials and 60% complete with regard to conversion
18,000 units were started during the period
17,500 units were completed and transferred
ending inventory is 100% complete with materials and 65% complete with conversion
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