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Seved Help Save Laurant Corporation uses the FIFO method in its process costing system. Department A is the first stage of the company's production process.
Seved Help Save Laurant Corporation uses the FIFO method in its process costing system. Department A is the first stage of the company's production process. The follow information is available for conversion costs for the month of May for Department A Work in process, beginning (40% complete with respect to conversion costs) Started in May Completed in May and transferred to Department B Work in process, ending (30% complete with respect to conversion costs) Units 6,800 60, eee 55,000 9,800 The equivalent units of production for conversion costs for the month is closest to: Multiple Choice 55.220 units 52.280 units 51,140 units 50,920 units
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