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Explain in a paragraph how the company would calculate the cost to manufacture one unit of product in April 2014 using only the following data.
Explain in a paragraph how the company would calculate the cost to manufacture one unit of product in April 2014 using only the following data.
Work in Process- 10,000 units, 100% complete with respect to direct materials, 30% complete with respect to conversion
Costs in work in process-$30,000 in direct material costs and $1,850 in conversion costs
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