The following information is available for production company Carley. Assume that WIP units are 100%...
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The following information is available for production company Carley. Assume that WIP units are 100% completed in terms of materials, but not in terms of conversion. All direct materials are put in at the start of process. Conversion costs are added evenly during the process. According to the FIFO-method, the total cost of the finished goods in December is closest to: A. 1587348 B. 1607200 C. 1607360 D. 1544360
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The following information is available for production company Carley. Assume that WIP units are 100% completed in terms of materials, but not in terms of conversion. All direct materials are put in at the start of process. Conversion costs are added evenly during the process. According to the FIFO-method, the total cost of the finished goods in December is closest to: A. 1587348 B. 1607200 C. 1607360 D. 1544360 