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Dallas CoHas a Production Process in Which the Inspection Point Is

Question 97

Multiple Choice

Dallas Co.has a production process in which the inspection point is at 65 percent of conversion.The beginning inventory for July was 35 percent complete and ending inventory was 80 percent complete.Normal spoilage costs would be assigned to which of the following groups of units,using FIFO costing? Dallas Co.has a production process in which the inspection point is at 65 percent of conversion.The beginning inventory for July was 35 percent complete and ending inventory was 80 percent complete.Normal spoilage costs would be assigned to which of the following groups of units,using FIFO costing?   A) no yes yes B) yes yes yes C) no no yes D) yes no no


A) no yes yes
B) yes yes yes
C) no no yes
D) yes no no

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