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Gizmo Manufacturer, a widgets manufacturing company, divides its production operations into three processes - Department 1, Department 2, and Department 3. The company uses a
Gizmo Manufacturer, a widgets manufacturing company, divides its production operations into three processes - Department 1, Department 2, and Department 3. The company uses a process costing system. Gizmo incurred the following costs during the year to produce 4, 600 units: Department 1 $17, 500 Department 2 7,000 Department 3 5,000 If Gizmo could sell only 3, 100 units in during the year, what will be the cost per unit of widget produced? (Round your answer to the nearest cent.) $3 80 $9 52 $5.33 $6.41
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