Guthrie Corporation the Following Information Is Available for Guthrie Corporation

question 79

Multiple Choice

Guthrie Corporation The following information is available for Guthrie Corporation for the current year:
All materials are added at the start of production.
Refer to Guthrie Corporation.Assume that the FIFO EUP cost for material and conversion are $1.50 and $4.75,respectively.Using FIFO what is the total cost assigned to the units transferred out?

• A)$414,194
• B)$339,094
• C)$445,444
• D)$396,975

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