Roger Corporation Uses the FIFO Method in Its Process Costing

question 77

Multiple Choice

Roger Corporation uses the FIFO method in its process costing system.The following data are taken from the accounting records of a particular department for June:
The cost of the 75,000 units transferred out of the department during June is closest to:

• A) $302,500
• B) $263,000
• C) $335,500
• D) $337,500

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