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Business, 19.03.2020 16:49, MileenaKitana
Transfer payments are Multiple Choice excluded when calculating GDP because they do not reflect current production. included when calculating GDP because they increase the spending of recipients. included when calculating GDP because they are a category of investment spending. excluded when calculating GDP because they only reflect inflation.
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Aproduction department's output for the most recent month consisted of 8,000 units completed and transferred to the next stage of production and 5,000 units in ending work in process inventory. the units in ending work in process inventory were 50% complete with respect to both direct materials and conversion costs. calculate the equivalent units of production for the month, assuming the company uses the weighted average method.
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