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Given the following, compute the conversion cost per equivalent unit using the weighted-average method. Conversion costs in the beginning inventory $5,000 Conversion costs added in
Given the following, compute the conversion cost per equivalent unit using the weighted-average method. Conversion costs in the beginning inventory $5,000 Conversion costs added in the current period $40,000 1,000 units were completed and transferred out during the period. 500 units in ending inventory are 50% complete. a. $32 b. $30 c. $36 d. $40
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