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Business, 19.05.2020 16:20 savyblue1724707

Pierce & Company provides the following information concerning the work in process at its plant: • Beginning inventory was partially complete (materials are 100 percent complete; conversion costs are 62 percent complete). • Started this month, 59,900 units. • Transferred out, 50,100 units. • Ending inventory, 20,100 units (materials are 100 percent complete; conversion costs are 17 percent complete). Required: a. Compute the equivalent units for materials using FIFO.

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