(Appendix 4A) Mukluk Company uses the FIFO method in its process costing system.The conversion cost for the month of April is $5.00 per equivalent unit,and the materials cost is $2.90 per equivalent unit.At the beginning of the month,1,000 units were in process,and 100% were complete with respect to materials and 30% were complete with respect to conversion,with a total cost at that point of $2,400.If these units are fully complete by the end of the month,what will be their total cost?
A) $3,500.
B) $3,900.
C) $5,900.
D) $8,000.
Correct Answer:
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