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Carmelita, Inc., has the following information available: At the beginning of the period, there were 5 0 0 units in process that were 4 4
Carmelita, Inc., has the following information available:
At the beginning of the period, there were units in process that were complete as to conversion costs and
complete as to direct materials costs. During the period, units were started and completed. Ending
inventory contained units that were complete as to conversion costs and complete as to materials
costs. Assume that the company uses the FIFO process costing method. Round cost per unit figures to two cents,
ie $ when calculating total costs.
The total costs that will be transferred into Finished Goods for units started and completed were
a $
b $
c $
d $
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