Question: Mukluk Company uses the FIFO method in its process costing system. The conversion cost for the month of April is $ 5 . 0 0

Mukluk Company uses the FIFO method in its process
costing system. The conversion cost for the month of April
is $5.00 per equivalent unit and the material cost is $2.90
per equivalent unit. At the beginning of the month, 1,000
units were in process that were 100% complete with
respect to materials and 30% complete with respect to
conversion, with a total cost at that point of $2,400. If
these units are fully complete by the end of the month,
their total cost will be:
 Mukluk Company uses the FIFO method in its process costing system.

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