Question: Question 21 2 pts A company uses FIFO process costing. Two materials are used to produce each unit. All of Material A is added at

Question 21 2 pts A company uses FIFO process costing. Two

Question 21 2 pts A company uses FIFO process costing. Two materials are used to produce each unit. All of Material A is added at the beginning or processing. All of Material B is added at the 60% point in processing. The ending Work in Process for Month 1 is 1,000 units that are 70% complete with respect to processing. When computing FIFO equivalent units for Month 2, the first line of the chart would be "To finish the Beginning Work in Process." This line should be for Material A, for Material B, and for conversion costs. O O for Material A, 300 for Material B, 300 for conversion cost. O None of these answers are correct. O O for Material A, 1,000 for Material B, and 700 for conversion cost. O O for Material A, O for Material B, 300 for conversion cost. O O for Material A, 1,000 for Material B, and 300 for conversion cost

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