Figure 6-1.The following information is available for Department Z for the month of July:
Materials are added at the beginning of the process. (Round unit costs to two decimal places.)
-Refer to Figure 6-1. Department Z's cost of goods transferred out using the FIFO method would be
A) $40,250.
B) $45,540.
C) $44,500.
D) $45,775.

Question

Figure 6-1.The following information is available for Department Z for the month of July:
 Materials are added at the beginning of the process. (Round unit costs to two decimal places.)
-Refer to Figure 6-1. Department Z's cost of goods transferred out using the FIFO method would be
A) $40,250. 
B) $45,540. 
C) $44,500. 
D) $45,775.

Quizplus · Accepted Answer

The Answer of Figure 6-1.The following information is available for Department Z for the month of July:
 Materials are added at the beginning of the process. (Round unit costs to two decimal places.)
-Refer to Figure 6-1. Department Z's cost of goods transferred out using the FIFO method would be
A) $40,250. 
B) $45,540. 
C) $44,500. 
D) $45,775.