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please help quick Carmelita, Inc., has the following information available: At the beginning of the period, there were 500 units in process that were 41%
please help quick
Carmelita, Inc., has the following information available: At the beginning of the period, there were 500 units in process that were 41% complete as to conversion costs and 100%6 complete as to direct materials costs. During the period, 4,900 units were started and completed. Ending inventory contained 400 units that were 30% complete as to conversion costs and 100% complete as to materials costs. Assume that the company uses the FIFO process costing method. Round cost per unit figures to two cents, i.e, $2.22, when calculating total costs. The total costs that will be transferred into Finished Goods for units started and completed were a. $162.498 b. $150,234 c. $105,164 d. $211.247 Step by Step Solution
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