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Septeos Septeos
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A year ago
To determine the equivalent units produced,

▸ add the cost of production to beginning Work in Process Inventory and divide this total by the physical units transferred out.

▸ multiply the number of physical units in ending Work in Process by the cost per physical unit.

▸ multiply the percentage of completion for each cost category by the number of physical units in the ending Work in Process Inventory.

▸ divide the percentage of completion for each cost category by the number of physical units in the ending Work in Process Inventory.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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pipi123pipi123
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A year ago
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