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A company uses the FIFO method for inventory costing. At the beginning of the period, it reported the following data: Coversation Units Percent Complete. Beginning
A company uses the FIFO method for inventory costing. At the beginning of the period, it reported the following data: Coversation Units Percent Complete. Beginning work in process inventory 28,000 408 Units started this period 183,000 Units completed and transferred out 181,000 Ending work in process inventory 30,000 75% The production department data related to conversion costs follows: Costs of beginning work in process Costs added this period $ 115,000 742,825 Multiple Choice $4.22. $4.30. $4.10. $4.46. $3.86. 3
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