Question: Shirley Processing, Incorporated ( SPI ) makes adhesive tape and uses a FIFO process costing system. The following information shows the physical flow of units

Shirley Processing, Incorporated (SPI) makes adhesive tape and uses a FIFO process costing system. The following information shows the physical flow of units and costs for the month of March:
\table[[Quantities,\table[[Physical],[units]],Percentage Complete],[Materials,Conversion],[Beginning work-in-process,119,000,100%,40%
Shirley Processing, Incorporated (SPI) makes adhesive tape and uses a FIFO

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