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Tip Top Painting Company has the following production data for March: • • Beginning Work in...

Tip Top Painting Company has the following production data for March: • • Beginning Work in Process, 2,000 units, which are 30% complete for conversion costs • • Units transferred out, 42,000 • • Units in ending Work in Process, 6,000, which are 80% complete for conversion costs Materials are added only at the beginning of the process. Calculate equivalent units of production for both materials and conversion costs using the FIFO method.

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