Question: Dung Corporation uses the FIFO method in its process costing system. The following data concern the company's Assembly Department for the month of August. Required:

Dung Corporation uses the FIFO method in its process costing system. The following data concern the company's Assembly Department for the month of August. Required: Determine the cost of ending work in process inventory and the cost of units transferred out of the department during August using the FIFO method

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