Unformatted text preview: complete. d. Direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. e. No units were in process on May 1, 20xx. Using the information provided, compute the equivalent units of production for direct materials and conversion costs for the month ended May 31, 20xx, assuming a FIFO costing flow. Answer:...
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- Summer '10
- Following, conversion costs, 75 percent, Bakersfield Company, FIFO costing flow