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In applying the first-in, first-out method of costing inventories, if 8,000 units that are 30% completed are in process on june 1, 28,000 units are completed during june, and 4,000 units are 80% completed on june 30, the number of equivalent units of production for june is 28,600.a. true. b.false.
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In applying the first-in, first-out method of costing inventories, if 8,000 units that are 30% compl...
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