Solution-What are the eup for conversion cost under fifo

What are the eup for conversion cost under fifo

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Reference no: EM132717308

Materials are added at the start of the process in Ethel Manufacturing blending department, the first stage of the production cycle. The following information is available in August.

Work in process, Aug. 31 (50% complete as to conversion cost) 175,000
Transferred to next department 275,000
Started in August 375,000
Work in process, Aug. 1 (60% complete as to conversion cost) 150,000
Lost in production 75,000

Problem 1: The cost incurred on the lost units are absorbed by the remaining good units. Under FIFO, what are the EUP for conversion cost?

Group of answer choices

a. 272,500

b. 362,500

c. 347,500

d. 437,500

Reference no: EM132717308

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What are the eup for conversion cost under fifo

Reference no: EM132717308

Reference no: EM132717308

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