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Aztec Inc. produces soft drinks. Mixing is the first department, and its output is measured in gallons. Aztec uses the FIFO method. All anufacturing costs
Aztec Inc. produces soft drinks. Mixing is the first department, and its output is measured in gallons. Aztec uses the FIFO method. All anufacturing costs are added uniformly. For July, the mixing department provided the following information: Units in process, July 1, 60% complete Units completed and transferred out Units in process, July 31, 65% complete 18,000 gallons 140,000 gallons 24,000 gallons Work in process, July 1 Costs added during July Required: $36,000 390,960 Production Report For the Month of July (FIFO Method)
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