Zippy Company Has a Process Costing System

question 66

Multiple Choice

Zippy Company has a process costing system. Information about units processed and processing costs incurred during a recent month in the Refining Department follow: The beginning work in process inventory had $10,946 of processing cost attached to it at the beginning of the month. During the month, the Department incurred an additional $289,954 in processing cost.
-Assuming that the company uses the FIFO method,what are the equivalent units for processing costs for the Department for the month?

• A)97,300
• B)91,300
• C)94,000
• D)100,300

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