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When using the weightedaverage method of process costing, total equivalent units
produced for a given period equal:
1. The number of units started and completed during the period plus the number of units
in beginning work in process plus the number of units in ending work in process.
2. The number of units in beginning work in process plus the number of units started
during the period plus the number of units remaining in ending work in process times the
percentage of work necessary to complete the items.
3. The number of units in beginning work in process times the percentage of work
necessary to complete the items plus the number of units started and completed during
the period plus the number of units started this period and remaining in ending work in
process times the percentage of work necessary to complete the items.
4. The number of units transferred out during the period plus the number of units
remaining in ending work in process times the percentage of work necessary to complete
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 Spring '08
 Kwak
 Cost Accounting

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