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The cost per equivalent unit of Direct Materials (DM) of a company for a particular process for June is $0.50. DM costs in beginning Work-in-Progress
The cost per equivalent unit of Direct Materials (DM) of a company for a particular process for June is \$0.50. DM costs in beginning Work-in-Progress (WIP) Inventory are \$242, and DM costs added to WIP Inventory during the period are $6500. Assuming the company follows the Weighted-Average method of process costing, determine the total equivalent units of DM for the above process. 15340 units 11136 units 17536 units 13484 units
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