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FIFO Aluminum processes a single type of aluminum. During the current period the following information was given Units Beginning Inventory Material Costs Conversion Costs
FIFO Aluminum processes a single type of aluminum. During the current period the following information was given Units Beginning Inventory Material Costs Conversion Costs 3,800 $4,700 Started During the Current Period Ending Inventory 22,000 49,600 3,500 $5,800 66,200 This questi All materials are added at the beginning of the production process. The beginning inventory was 35% complete as to conversion, while the ending inventory was 50% completed for conversion process costing. What were the costs assigned to the units transferred out this period (Round intermediary calculations to the nearest cent)? A. $159,488 B. $112,664 C. $251,116 D. $113,148
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