Jolly company uses the fifo method in its process costing


Jolly Company uses the FIFO method in its process costing system. Beginning inventory in the mixing processing center consisted of 4,500 units, 75% complete with respect to conversion costs. Ending work in process inventory consisted of 3,500 units, 60% complete with respect to conversion costs. If 13,000 units were transferred to the next processing center during the period, the equivalent units for conversion costs would be:

14,675 units

13,000 units

14,125 units

11,725 units

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Financial Accounting: Jolly company uses the fifo method in its process costing
Reference No:- TGS01072674

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