The Following Information Pertains to Jones Company Materials Are Added at the Start of the Process

question 61

Multiple Choice

The following information pertains to Jones Company: $$\begin{array} { l r } & \text {Units } &\\\text { Wark-in-process inventory, March } 1 \text { (30\% complete) } & \text { 20,000 } \\\text { Units tranferred in } & 50,000 \\\text { Wark-in-process inventory, March } 31 \text { (60\% complete) } & 16,000\end{array}$$ Materials are added at the start of the process.
How many equivalent units for conversion costs would there be using the FIFO method?

• A)49,600 units
• B)50,000 units
• C)57,600 units
• D)70,000 units

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Definitions:

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Traumatic Brain Injury

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