Essay
The following data has been provided by Leser Inc., a company that uses the FIFO method in its process costing system. The data concern the company's Shaping Department for the month of June. 
Required:
Determine the cost of ending work in process inventory and the cost of the units transferred out of the department during June using the FIFO method.
Correct Answer:
Verified
Correct Answer:
Verified
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