Multiple Choice
Magic Wizard Inc.uses the FIFO costing method in its process costing system.Beginning inventory in the mixing processing center consisted of 4,000 units,70 percent complete with respect to conversion costs.Ending work in process inventory consisted of 2,000 units,60 percent complete with respect to conversion costs.If 10,000 units were transferred to the next processing center during the period,the equivalent units for conversion costs would be
A) 6,000 units.
B) 8,400 units.
C) 10,400 units.
D) 2,400 units.
Correct Answer:
Verified
Correct Answer:
Verified
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