Pounds in process may 1 materials 100 complete conversion, Ask an Expert

Accounting

Pounds in process, May 1: materials 100%
complete; conversion 90% complete 70,000
Pounds started into production during May 350,000
Pounds completed and transferred to the next
department ?
Pounds in process, May 31: materials 75% complete;
conversion 25% complete 40,000
What is the equivalent units of production?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M949638

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