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Trelani Mcgill2020
on Oct 15, 2024

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If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with respect to direct labor,the equivalent units of direct labor in beginning Work in Process are 20,000.

Direct Labor

The labor costs directly attributable to the production of goods or services, including wages of workers who physically convert materials into finished products.

Work In Process

Inventory items that are partially completed products found midway through the production process.

  • Know how beginning Work in Process and the degree of completion affect equivalent unit calculations.
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Luisa MaluliOct 17, 2024
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