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Use This Information About Penny, Inc

Question 70

Multiple Choice

Use this information about Penny, Inc. to answer the questions that follow.
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Penny, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about the July activities:
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Use this information about Penny, Inc. to answer the questions that follow. ​ Penny, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about the July activities: ​ ​ ​ -Using the FIFO method, the number of units started and completed in July was A) 14,250 B) 15,000 C) 13,400 D) 15,740 ​
-Using the FIFO method, the number of units started and completed in July was


A) 14,250
B) 15,000
C) 13,400
D) 15,740

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