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FIFO Aluminum processes a single type of aluminum. During the current period the following information was? given:
Units Material Costs Conversion CostsBeginning Inventory ?4,800 $5,700 $6,600Started During the Current Period ?20,800 ?49,200 ?67,000
Ending Inventory 2,900
Problem 1: What were the costs assigned to the units transferred out this? period? (Round intermediary calculations to the nearest? cent)
A. ?$153,004B. ?$114,391C. ?$246,250D. ?$118,203
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