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Title: FIFO Aluminum processes a single type of aluminum. During the current period the following ... Post by: ritvikc on Jul 2, 2018 FIFO Aluminum processes a single type of aluminum. During the current period the following information was given:
UnitsMaterial CostsConversion Costs Beginning Inventory3,000$4,500$4,800 Started During the Current Period20,00048,00065,000 Ending Inventory2,500 All materials are added at the beginning of the production process. The beginning inventory was 30% complete as to conversion, while the ending inventory was 40% completed for conversion purposes. FIFO Aluminum uses the first-in, first-out system of process costing. What were the costs assigned to the units transferred out this period (round equivalent unit cost to the nearest penny)? A) $113,160 B) $113,236 C) $113,980 D) $122,300 Title: FIFO Aluminum processes a single type of aluminum. During the current period the following ... Post by: pgiza834 on Jul 2, 2018 Content hidden
Title: FIFO Aluminum processes a single type of aluminum. During the current period the following ... Post by: ritvikc on Jul 2, 2018 You're an excellent tutor!
Title: Re: FIFO Aluminum processes a single type of aluminum. During the current period the following ... Post by: Mimiyuhhhh on Oct 28, 2020 I got the correct answer! thank you! you are the best
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