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Business, 21.09.2019 05:30 mia7955

Smith manufacturing uses a process cost system to manufacture laptop computers. the following information summarizes operations relating to laptop computer model #kjk20 during the quarter ending march 31: units direct labor work-in-process inventory, january 1 100 $50,000 started during the quarter 500 completed during the quarter 400 work-in-process inventory, march 31 200 costs added during the quarter $720,000 beginning work-in-process inventory was 50% complete for direct labor costs. ending work-in-process inventory was 75% complete for direct labor costs. required what is the equivalent unit of production using the weighted-average unit cost inventory valuation method?

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