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

Question 63

Multiple Choice

Mullins 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: Mullins 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 materials for the month in the first processing department is closest to: A) $20.42 B) $21.90 C) $19.31 D) $17.13 The cost per equivalent unit for materials for the month in the first processing department is closest to:


A) $20.42
B) $21.90
C) $19.31
D) $17.13

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