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A production department reports the following conversion costs. Equivalent units of production for conversion total 355,000 for this period. Calculate the cost per equivalent

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A production department reports the following conversion costs. Equivalent units of production for conversion total 355,000 for this period. Calculate the cost per equivalent unit of production for conversion. The company uses the weighted-average method. Cost of beginning work in process Costs added this period 266,000 1,047,500 Multiple Choice $0.75 $3.45 $3.70. $2.70 $0.45

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