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Which of the following costs are never assigned to ending Work in Process Inventory during the current period under a FIFO process costing system? Select
Which of the following costs are never assigned to ending Work in Process Inventory during the current period under a FIFO process costing system?
Select one:
A. Costs incurred on the beginning inventory incurred last period
B. Direct materials costs incurred this period
C. Conversion costs incurred this period
D. Overhead costs applied this period
E. Both A and D
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