Equivalent Units of Materials Cost The Rolling Department of Oak Ridge Steel Company had 2,900 tons in
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Equivalent Units of Materials Cost The Rolling Department of Oak Ridge Steel Company had 2,900 tons in beginning work in process inventory (30% complete) on July 1. During July, 47,900 tons were completed. The ending work in process inventory on July 31 was 2,400 tons (50% complete).
What are the total equivalent units for direct materials for July if materials are added at the beginning of the process.
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