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The Information Below Was Obtained from the Records of One

Question 23

Multiple Choice

The information below was obtained from the records of one of the departments of Cushing Corporation for the month of August. The company uses the first-in, first-out method in its process costing system. The information below was obtained from the records of one of the departments of Cushing Corporation for the month of August. The company uses the first-in, first-out method in its process costing system. All materials are added at the beginning of the process.The equivalent units for materials for the month of August are: A) 88,000 units B) 96,700 units C) 101,800 units D) 109,300 units All materials are added at the beginning of the process.The equivalent units for materials for the month of August are:


A) 88,000 units
B) 96,700 units
C) 101,800 units
D) 109,300 units

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