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ABC Manufacturing Company produces widgets using a process costing system. The following information is available for the production of Widget X during the month: Beginning

ABC Manufacturing Company produces widgets using a process costing system. The following information is available for the production of Widget X during the month:
Beginning Work in Process Inventory: $10,000
Direct Materials Added: $25,000
Direct Labor Costs: $15,000
Manufacturing Overhead Costs: $20,000
Ending Work in Process Inventory: $8,000
Units Started and Completed: 2,000 units
What is the cost per equivalent unit?

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