(Appendix 4A)Tarten Company Uses the FIFO Method in Its Process

question 43

Multiple Choice

(Appendix 4A) Tarten Company uses the FIFO method in its process costing system.Operating data for the Curing Department for the month of March appear below:

According to the company's records,the conversion cost in beginning work-in-process inventory was $7,470 at the beginning of March.The cost per equivalent unit for conversion costs for March was $8.20.
How much conversion cost would be assigned to the units completed and transferred out of the department during March?

• A) $525,530.
• B) $592,040.
• C) $533,090.
• D) $533,000.

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Amino Acid

Organic compounds that combine to form proteins, containing an amino group and a carboxylic acid group, serving as the building blocks of proteins.

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Thr-Gln-Met

A tripeptide composed of the amino acids threonine, glutamine, and methionine.