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20-05-2024
Business

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Compute the number of equivalent units with respect to both direct materials and conversion for March using the weighted-average method.

Units Direct Materials Percent Complete Conversion Percent Complete
Beginning work in process inventory 33,000 100% 55%
Units started and completed 126,000
Units completed and transferred out 159,000
Ending work in process inventory 38,000 70% 60%

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