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Penny. Inc. cmploys a process costing system. Direct materials are added at the begining of the process. Information about July's activitios is as follows: Using

Penny. Inc. cmploys a process costing system. Direct materials are added at the begining of the process. Information about July's activitios is as follows: Using the firo method, the cost per equlvalent unit for mateatals used duting Jully was B. 110.68 1. 109 c. 110.72 d. 11033

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