20 acct questions 2

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Ivanhoe Co. started 3,240 units during the period. Its beginning inventory is 540 units one-fourth complete as to conversion costs and 100% complete as to materials costs. Its ending inventory is 324 units one-�fth complete as to conversion costs and 100% complete as to materials costs. How many units were completed and transferred out this period?

Units completed and transferred out units

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221 Final Exam Ch 14-27

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