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The Polishing Department of Laminates,Inc

Question 10

Multiple Choice

The Polishing Department of Laminates,Inc.had 15,000 units in process on June 1 and received 25,000 units from the Machining Department.What is the number of units to account for by the Polishing Department for June? The company uses the FIFO costing method.


A) 25,000 units
B) 15,000 units
C) 40,000 units
D) 10,000 units

Correct Answer:

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