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Based on the beginning work in process and the costs added in the period, the Equivalent Units of Production for direct materials is $342,000.
This can be found by the formula:
= Beginning WIP for raw materials + Costs added this period
Solving gives:
= 49,000 + 293,000
= $342,000
Find out more on Equivalent Work in Process at https://brainly.com/question/16259709.
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