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If you know that the company uses FIFO in process costing. The transferred-in cost of units started and ckmpleted by the end of the period
If you know that the company uses FIFO in process costing. The transferred-in cost of units started and ckmpleted by the end of the period is:
Equivalent Units Transferred-Direct Conversion in Costs Materials Costs Completed and transferred out during current period: From beginning work in process 60 30 Started and completed 60 60 60 Work in process, ending 40 o 30 Accounted for Equivalent units of work done in current period 100 120 120 Costs details: Transferred-in Direct material Conversion costs $45.000 $0 Work process beginning Costs added during the period $24.000 62.400 114,000 27.000 If you know that the company uses FIFO in process costing. The transferred-in cost of units sta Correct answer is not provided $68,400 $27,000 $114,000Step by Step Solution
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