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Given the following information, use the weighted average method to calculate cost per equivalent unit for the following materials (Round the answer with 2 decimal
Given the following information, use the weighted average method to calculate cost per equivalent unit for the following materials (Round the answer with 2 decimal points).
Number is Units | Cost of Materials | |
Beginning work in process | 30,000 | $11,258 |
Started in May | 80,000 | $34,655 |
Units Completed | 85,000 | |
Ending work in process | 25,000 |
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