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If your formulas are correct, you should get the correct answers to the following questions. (a) What is the equivalent units of production for materials?

image text in transcribedimage text in transcribed If your formulas are correct, you should get the correct answers to the following questions. (a) What is the equivalent units of production for materials? (b) What is the equivalent units of production for conversion? (c) What is the cost per equivalent unit for materials? (d) What is the cost per equivalent unit for conversion? (e) What is the cost of the units transferred out? (f) Which of the following statements are true

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