Question: A process manufacturer that uses the weighted-average method reports the following. Conversion Units Percent Complete Beginning work in process inventory 25,000 90% Units completed and

A process manufacturer that uses the weighted-average method reports the following.

Conversion
Units Percent Complete
Beginning work in process inventory 25,000 90%
Units completed and transferred out 95,000
Ending work in process inventory 30,000 50%

Equivalent units of production for conversion are:

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