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9. (4 points) Revko uses the FIFO method of Process Costing. The following amounts were provided: Beginning Inventory Current Cost $5,000 Transferred Out Cost $
9. (4 points) Revko uses the FIFO method of Process Costing. The following amounts were provided: Beginning Inventory Current Cost $5,000 Transferred Out Cost $ 44,000 Ending Inventory $6,000 Equivalent Cost / Equivalent Units Unit $ 6.00 Solve for the missing amounts: a. Current Costs b. Equivalent Units
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
5th edition
978-1118128169
