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QUESTION 9 Hobager's uses a process costing accounting system to determine the direct materials ingredient costs for ending inventory and for Cost of Goods Manufactured

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QUESTION 9 Hobager's uses a process costing accounting system to determine the direct materials ingredient costs for ending inventory and for Cost of Goods Manufactured for its cupcake products. The following information was gathered by company accountants for the afternoon production shift The afternoon shift began with 25,000 cupcakes that were 80% complete at a cost of $4,000. During the shift, 859,000 more cupcakes were started at an additional cost of $212,000. When the shift ended, 80,000 cupcakes remained and were 75% complete, What amounts were the afternoon shift's Cost per Equivalent Units and the Cost of Goods Manufactured for the direct materials? 50.25 per equivalent unit and $201,000 $0.20 per equivalent unit and $160,000 $0.20 per equivalent unit and $171,800 $0.23 per equivalent unit and $198.720 Save A Click Save and Submit to save and submit. Click Save All Anues to save all ans

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