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QUESTION

A. 24,000 pints c. 30,000 pints b. 26,700 pints d. 36,000 pints 37. What is the materials cost per unit in January using the FIFO method?

A. 24,000 pints c. 30,000 pints b. 26,700 pints d. 36,000 pints 37. What is the materials cost per unit in January using the FIFO method? A. $2.00 c. $2.25 b. $2.20 d. $2.50 38.Which of the following items is NOT a component of "total costs to be accounted for in a given department"s operations"? A. direct manufacturing labor used in the given department b. the cost of materials requisitioned and used by the given department c. transferred-in costs from the prior processing department d. transferred-out costs to the next department 41.The key difference between FIFO and the weighted-average method is the a. ending units in inventory. B. unit costs for materials and conversion costs during one period. C. balance of total costs accounted for. D. treatment of the costs of beginning inventory.

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