(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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Definitions:

Keeping One

Ensuring the retention or preservation of a particular thing or situation.

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Forming meaningful relationships with your customers, which makes them much more likely to return and buy from you again.

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