Penny, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities: Using the FIFO method, the number of units started and completed in July was
A) 14,250
B) 15,000
C) 13,400
D) 15,740

Question

Penny, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities:  Using the FIFO method, the number of units started and completed in July was
A) 14,250 
B) 15,000 
C) 13,400 
D) 15,740

Quizplus · Accepted Answer

The Answer of Penny, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities:  Using the FIFO method, the number of units started and completed in July was
A) 14,250 
B) 15,000 
C) 13,400 
D) 15,740