The following data relate to the Blending Department of Fun Time Company for a recent month: Number
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Question:
The following data relate to the Blending Department of Fun Time Company for a recent month:
Number of Units | Conversion costs percentage complete | |
Beginning work in process inventory | 9,000 | 60% |
Units started into production | 45,000 | |
Units completed and transferred out | 46,000 | |
Ending work in process inventory | 8,000 | 25% |
All materials are added prior to the beginning of work in the Blending Department.
Assuming that Fun Time Company uses the weighted-average method, what are the equivalent units of production for conversion costs?
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