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City University uses a process cost system to accumulate costs incurred in handling student applications in the admissions department. When an application is completed, it
City University uses a process cost system to accumulate costs incurred in handling student applications in the admissions department. When an application is completed, it is forwarded to the appropriate academic department for final processing. The following processing and cost data pertain to March. Materials are the forms used in the application process, and these costs are incurred at the beginning of the process. Conversion costs are incurred uniformly during the process. (a) Determine the equivalent units of service (production) for materials and conversion costs. (b1) Compute the unit costs, (Round answers to 2 decimal places, eg. 15.25.) Compute the unit costs, (Round answers to 2 decimal ploces, eg. 15.25.) Units materials cost Unit conversion cost Attempts: 0 of 2 used Using multiple attempts will impact your score. 10% score reduction after attempt 1 (b2) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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