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The following data pertain to the Milling Department of Malmberg Corporation for July. The company ...

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The following data pertain to the Milling Department of Malmberg Corporation for July. The company ...

The following data pertain to the Milling Department of Malmberg Corporation for July. The company uses the FIFO method in its process costing.

		Percent Complete
	Units	Materials	Conversion
Work in process, July 1	800	80%	35%
Units started into production during July	9,400
Units completed during July and transferred to the next department	8,300
Work in process, July 31	1,900	75%	40%

Required:

Compute the equivalent units of production for both materials and conversion costs for the Milling Department for July using the FIFO method.

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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