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Laurie Corporation Uses the FIFO Method in Its Process Costing

Question 17

Multiple Choice

Laurie Corporation uses the FIFO method in its process costing system. Department A is the first stage of Laurie Corporation's production process. The following information is available for conversion costs for the month of May for Department A: Laurie Corporation uses the FIFO method in its process costing system. Department A is the first stage of Laurie Corporation's production process. The following information is available for conversion costs for the month of May for Department A:   The equivalent units of production for conversion costs for the month are: A) 42,000 units B) 38,000 units C) 44,000 units D) 36,000 units The equivalent units of production for conversion costs for the month are:


A) 42,000 units
B) 38,000 units
C) 44,000 units
D) 36,000 units

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