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Chapter 7 Hw
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OMalley Corp. uses a weighted average process costing system. Material is added at the beginning of the production process and overhead is applied on the basis of direct. labor. O'Malley's records indicate units were in process at the beginning of May, these units were 30% complete as to conversion. May's ending inventory was 35% complete as to comversion.
\table[[,Physical Units],[Beginning WP Imventory,70,000],[Started,445,300],[Completed,427,500]]
a. What are the equivalent units of production for direct materia
b. What are the equivatent units of production for corversion?
\table[[,Physical Units,Direct Material,Conversion],[,70,000,70,000,70,000],[Beginning WIP Imwentory,872,800,872,800,561,090],[Started Chapter 7 Hw
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Question 1
Partaly correct
Mark a.50 out of 1,00
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WA EUP
OMalley Corp. uses a weighted average process costing system. Material is added at the beginning of the production process and overhead is applied on the basis of direct. labor. O'Malley's records indicate units were in process at the beginning of May, these units were 30% complete as to conversion. May's ending inventory was 35% complete as to comversion.
\table[[,Physical Units],[Beginning WP Imventory,70,000],[Started,445,300],[Completed,427,500]]
a. What are the equivalent units of production for direct materia
b. What are the equivatent units of production for corversion?
\table[[,Physical Units,Direct Material,Conversion],[,70,000,70,000,70,000],[Beginning WIP Imwentory,872,800,872,800,561,090],[Started

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