Question
NUBD Co. had a beginning inventory of 3,000 units 60% complete, ending inventory of 3,000 units 80% complete, and transferred out 27,500 units. FIFO unit
NUBD Co. had a beginning inventory of 3,000 units 60% complete, ending inventory of 3,000 units 80% complete, and transferred out 27,500 units. FIFO unit costs were P2.15 for materials, P1.25 for conversion costs. All materials are added at the start of the process. Beginning inventory cost P9,400. The cost of ending inventory is?
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
11th Edition
978-0132568968, 9780132568968
