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IS MC Qu. 55-74 Mullins Corporation uses the FIFO... Mulins Corporation uses the FIFO method in its process costing system. Data concerning the first processing
IS MC Qu. 55-74 Mullins Corporation uses the FIFO... Mulins Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below 1,550 513200 $ 3,050 158 Beginning work in process inventory Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect to materials percent plate with respect to conversion Units started into production during the month Units transferred to the next department during the month Materials costs added during the month conversion coats added during the month Ending work in process inventory Units in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion 10.300 5176,300 2,350 654 504 The cost of a completed unit transferred out of the department is closest to found equivalent units to the nearest whole number and round all other intermediate calculations to 2 decimal places) The cost of a completed unit transferred out of the department is closest to (Round equivalent units to the nearest whole number and round all other intermediate calculations to 2 decimal places) 55567 o o o of
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