Business, 20.07.2019 06:00, emblemhacks

Conlon chemicals manufactures paint thinner. information on the work in process follows: • beginning inventory, 40,000 partially complete gallons. • transferred out, 213,000 gallons. • ending inventory (materials are 19 percent complete; conversion costs are 9 percent complete). • started this month, 238,000 gallons. assume that beginning inventory is 50 percent complete with respect to materials and 32 percent complete with respect to conversion costs required: a. compute the equivalent units for materials using fifo. b. compute the equivalent units for conversion costs using fifo.

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Conlon chemicals manufactures paint thinner. information on the work in process follows: • beginnin...