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Score: 0 of 1 pt 44 of 5 (3 complete)> HW Score: XE18A-31 (similar to) i Ques Ma

ID: 2392767 • Letter: S

Question

Score: 0 of 1 pt 44 of 5 (3 complete)> HW Score: XE18A-31 (similar to) i Ques Matthew's Frozen Pizzas uses FIFO process costing. Selected production and cost data follow for April 2018. ?(Click the icon to view the production and cost data.) Read the requirements. Requirement 1a On March 31, the Prepping Department beginning Work-in-Process Inventory was 70% complete for materials and 45% complete for conversion costs. This means that for the beginning inventory conversion costs were added during April % of the materials and % of the

Explanation / Answer

Requirement 1a.

Requirement 1b.

On March 31, the Prepping Department beginning work-in-process inventory was 70% complete for materials and 45% complete for conversion costs.This means for the beginning inventory 30% of the materials and 55% of the conversion costs were added during April.
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