Question: A company uses the FIFO method for inventory costing. At the beginning of a period it reported the following data: Conversion Percent Units Complete

A company uses the FIFO method for inventory costing. At the beginning of a period it reported the following data: Conversion Percent Units Complete Beginning work in process 20,000 40% Units started this period 167,000 Units completed and transferred out 165,000 Ending work in process 22,000 75% Compute the department's number of equivalent units of production for conversion.

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