Use the following to answer questions:
Preston Manufacturing Company has the following information available for its process costing system for the month of May in the finishing department. The finishing department is the second of a multiple-department manufacturing plant. Materials are added at the end of the process in finishing.
Beginning inventory is 30% complete as to conversion costs; ending inventory is 80% complete as to conversion costs.
-The finished equivalent units for each production category under FIFO are:
A) Item A
B) Item B
C) Item C
D) Item D
Correct Answer:
Verified
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