Question: Forthefunofit Ltd uses a process costing system. Direct materials are added at the beginning of the process. During January, Department A had a beginning inventory

Forthefunofit Ltd uses a process costing system. Direct materials are added at the beginning of the process. During January, Department A had a beginning inventory of 2000 units, 50% complete for conversion costs. During the month 14 000 units were started and there were 1000 units in ending inventory, 40% complete for conversion costs.

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