Bubbles Inc.produces gummy bears.The company purchases raw materials,stores them in warehouse,and then runs them through two processes: production and packaging.During September,the production process incurred the following costs in processing 20,000 gummy bears:
Use the FIFO method to compute the September conversion costs in the Production Department.
A) $65,000
B) $200,000
C) $56,500
D) $8,500
Correct Answer:
Verified
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