Assuming that all direct materials are placed in process at the beginning of production and that the first-in,first-out method of inventory costing is used,what is the equivalent units for materials and conversion costs,respectively?
A) 14,000 and 12,160
B) 10,400 and 10,960
C) 14,000 and 13,600
D) 10,400 and 10,240
Correct Answer:
Verified
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