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anonkah anonkah
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A year ago
The units of product in the ending Work in Process Inventory must be converted to equivalent units of production separately for the direct materials and conversion costs because

▸ the units may be in different departments at the end of the period.

▸ the conversion cost may have been added at the beginning of the process.

▸ the units may not be at the same stage of completion.

▸ there may be no conversion costs.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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ordinarykathyordinarykathy
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A year ago
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