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Which of the Following Costs Are Never Assigned to Ending

Question 40

Multiple Choice

Which of the following costs are never assigned to ending Work in Process Inventory during the current period under a FIFO process costing system?


A) Direct materials costs incurred this period
B) Costs incurred last period on beginning inventory
C) Conversion costs incurred this period
D) Overhead costs applied this period
E) Both A and D

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