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Cliff Company manufactures file cabinets. The following cost information is avallable for the month of December: Cliff had 7,700 equivalent units of direct materlals and
Cliff Company manufactures file cabinets. The following cost information is avallable for the month of December: Cliff had 7,700 equivalent units of direct materlals and 5,200 equivalent units of conversion cost. Using the weighted-average method, calculate Cliff's cost per equivalent unit for materlals and conversion during December. (Round your answers to 2 decimal places.)
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