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Tabet Corporation Uses the FIFO Method in Its Process Costing

Question 100

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Tabet Corporation uses the FIFO method in its process costing system.Operating data for the Curing Department for the month of March appear below:
Tabet Corporation uses the FIFO method in its process costing system.Operating data for the Curing Department for the month of March appear below: According to the company's records,the conversion cost in beginning work in process inventory was $20,349 at the beginning of March.The cost per equivalent unit for conversion costs for March was $5.00. How much conversion cost would be assigned to the units completed and transferred out of the department during March? A) $273,550 B) $293,899 C) $285,000 D) $293,500 According to the company's records,the conversion cost in beginning work in process inventory was $20,349 at the beginning of March.The cost per equivalent unit for conversion costs for March was $5.00.
How much conversion cost would be assigned to the units completed and transferred out of the department during March?


A) $273,550
B) $293,899
C) $285,000
D) $293,500

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