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Question
Department K had 3,000 units 45% completed in process at the beginning of the period, 17,000 units completed during the period, and 1,200 units 40% completed at the end of the period. Assume the completion percentage applies to both direct materials and conversion costs, and the first-in first-out cost flow method is used. The conversion equivalent units of production for the period are
a. 18,350
b. 16,310
c. 15,650
d. 16,130
Answer
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