Question: [1] ( Refers to Fact Pattern 1) Using the FIFO method, the equivalent cost per unit of materials for May is A. $4.80 B. $4.60

[1] ( Refers to Fact Pattern 1) Using the FIFO method, the equivalent cost per unit of materials for May is A. $4.80

[1] ( Refers to Fact Pattern 1) Using the FIFO method, the equivalent cost per unit of materials for May is A. $4.80 B. $4.60 C. $4.50 D. \$4.75 [2] ( Refers to Fact Pattern 1 ) Using the FIFO method, the total cost of units in the ending work-in-process inventory at May 31 is (Round cost per equivalent unit to the nearest penny) A. $153,168 B. $161,640 C. $164,400 D. $156,960 [3] ( Refers to Fact Pattern 1 ) Using the weighted-average method, the total cost of the units in the ending work-in-process inventory at May 31 is (Round cost per equivalent unit to the nearest penny) A. $156,960 B. $161,640 C. $153,168 D. $164,400 [Fact Pattern #1]

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