Zuniga Ltd uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally: Using the FIFO method, units transferred in and completed were
A) 1,200
B) 1,100
C) 850
D) 1,450

Question

Zuniga Ltd uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally:  Using the FIFO method, units transferred in and completed were
A) 1,200 
B) 1,100 
C) 850 
D) 1,450

Quizplus · Accepted Answer

The Answer of Zuniga Ltd uses a process costing system. During May, 1,200 units were transferred into Department 2 at a cost of $38,040. Direct materials are added at the beginning of the process. Additionally:  Using the FIFO method, units transferred in and completed were
A) 1,200 
B) 1,100 
C) 850 
D) 1,450

Zuniga Ltd Uses a Process Costing System