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Normand Corporation Uses the First-In, First-Out Method in Its Process

Question 161

Multiple Choice

Normand Corporation uses the first-in, first-out method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Normand Corporation uses the first-in, first-out method in its process costing system. Data concerning the first processing department for the most recent month are listed below: The cost per equivalent unit for conversion costs for the first department for the month is closest to: A) $45.66 B) $52.86 C) $47.94 D) $48.14 The cost per equivalent unit for conversion costs for the first department for the month is closest to:


A) $45.66
B) $52.86
C) $47.94
D) $48.14

Correct Answer:

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