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Home Q & A Board Other Fields Homework Help Business Accounting
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aryaelfkind aryaelfkind
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A year ago
Marlow Corporation uses the FIFO method in its process costing system. Department A's beginning work in process inventory consisted of 12,000 units, 100% complete with respect to materials and 60% complete with respect to conversion costs. The total cost of this inventory was $76,400. A total of 25,000 units were transferred out during the month. The costs per equivalent unit were computed to be $3.40 for materials and $4.70 for conversion costs. The cost of the units completed and transferred out was closest to:

▸ $195,540

▸ $146,100

▸ $202,500

▸ $204,260
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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shichihenge7shichihenge7
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