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A perfume manufacturer offers the following information: WIP Inventory, January 1 0 units Units started 25.600 units Units completed and transferred out 19.200 units WIP

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A perfume manufacturer offers the following information: WIP Inventory, January 1 0 units Units started 25.600 units Units completed and transferred out 19.200 units WIP Inventory, December 31 6400 units Direct materials $278,480 Direct labor Manufacturing Overhead The units in ending wip Inventory were 60% complete for materials and 40% complete for conversion costs. $585,000 $336,920 On December 31, the cost per equivalent unit for materials would be closest to

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