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

Question 298

Multiple Choice

Puri 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: Puri 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 total cost transferred from the first processing department to the next processing department during the month is closest to: A)  $159,900 B)  $151,800 C)  $174,549 D)  $144,539 The total cost transferred from the first processing department to the next processing department during the month is closest to:


A) $159,900
B) $151,800
C) $174,549
D) $144,539

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