Question: Purple Corporation uses the weighted average method in its process costing system. Data for its work in process department follows: Units Materials % Conversion costs%

 Purple Corporation uses the weighted average method in its process costing

Purple Corporation uses the weighted average method in its process costing system. Data for its work in process department follows: Units Materials % Conversion costs% complete complete Beginning work in process inventory 86,000 20% 30% Ending work in process inventory 68,000 60% 80% Units completed and transferred out 580,000 Units started during the period 500,000 Compute equivalent units of production for conversion costs for the period. 554,400 605,800 O 634,400 525,500

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