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Please fill in the blanks Assume that you have 890 total equivalent units of materials and 863 total equivalent units of conversion costs. Also assume
Please fill in the blanks
Assume that you have 890 total equivalent units of materials and 863 total equivalent units of conversion costs. Also assume that your beginning inventory is composed of $1,695 of materials and $747 of conversion costs and that you use $9,875 of materials and incur $7,452 of conversion costs during the current period. Calculate the average cost per unit of materials and conversion costs assuming the weighted average cost flow assumption. Note: Do not round any of your answersStep by Step Solution
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