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Livingston Company uses process costing to account for the production of elastic bands. All direct materials are added at the beginning of the process, and
Livingston Company uses process costing to account for the production of elastic bands. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. Beginning inventory consisted of $ in materials and $ in conversion costs. April costs were $ for materials and $ for conversion costs. During April units were completed. Ending work in process inventory was units complete for materials, for conversion The cost per equivalent unit for materials using the weightedaverage method would be closest to:
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