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Hi I am a bit stuck on a question related to process costing and the weighted average cost method is asking me. I need to
Hi
I am a bit stuck on a question related to process costing and the weighted average cost method is asking me. I need to apply the weighted average method & need to calculate the equivalent units of direct materials and conversion cost for the month of may.
I then need to calculate the direct material cost and conversion cost per equivalent unit for the month of May
Can you please point me in the right direction of understanding the question and formulas that could help me?
Thanks
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