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A tennis ball maker gives us its data for the year: Units in ending WIP Inventory were 90% complete for materials and 60% complete for
A tennis ball maker gives us its data for the year: Units in ending WIP Inventory were 90% complete for materials and 60% complete for conversion costs. On December 31, the cost per equivalent unit for direct materials would be closest to
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$1.33.
$2.01.
$1.80.
$1.65.
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