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

Question 95

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 conversion costs for the first department for the month is closest to: A) $48.79 B) $45.20 C) $44.68 D) $43.05 The cost per equivalent unit for conversion costs for the first department for the month is closest to:


A) $48.79
B) $45.20
C) $44.68
D) $43.05

Correct Answer:

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