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Department N is the second stage of the process at Novera. Materials are added at the end of the process. Department N uses FIFO process
Department N is the second stage of the process at Novera. Materials are added at the end of the process. Department N uses FIFO process costing. At the end of July, the equivalent units for transferred-in resources was 302,000 for calculating product cost. What were the equivalent units used in the production cost computation for the month of July for materials and conversion costs using the FIFO method? Multiple Choice Materlals 370,000; Conversion 416,100 Materlals 315,000; Conversion 368,750 Materlals 302,000; Conversion 368,750 Materlals 315,000; Conversion 299,900 None of the options are correct
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