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Norvell Inc., a manufacturer of premium footballs, has the following cost data: Type Beg. WIP DM Cost Beg. WIP Conv Cost DM Cost Incurred during
Norvell Inc., a manufacturer of premium footballs, has the following cost data: Type Beg. WIP DM Cost Beg. WIP Conv Cost DM Cost Incurred during period Conv Cost Incurred during period Assume Norvell completed and transferred out 36,000 units and had a total of 40,000 equivalent units of direct materials. How much DM Cost will Norvell assign to the units completed and transferred out during the period? O $18,000 O $16,000 O $39,600 Cost $1,000 $2,000 $15,000 $26,000 O $14,400 27
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