Question

Refer to M3-6 for information regarding Cliff Company. Using the FIFO method, calculate Cliff’s cost per equivalent unit for materials and conversion during December.
Beginning work in process
Direct materials .... $ 68,000
Conversion cost .... 124,000
December costs
Direct materials .... 136,000
Conversion cost .... 210,000



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  • CreatedFebruary 27, 2015
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