Intask Corporation uses the first-in, first-out method in its process costing system. Beginning inventory in...
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Accounting
Intask Corporation uses the first-in, first-out method in its process costing system. Beginning inventory in the mixing department consisted of 7,300 units that were 75% complete with respect to conversion costs. Ending work in process inventory consisted of 6,300 units that were 60% complete with respect to conversion costs. If 14,600 units were transferred to the next processing department during the period, the equivalent units of production for conversion cost would be:
Multiple Choice
15,425 units
12,905 units
16,425 units
15,600 units
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