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The Johnson Company manufactures tote bags and adds all materials at the beginning of the process. The conversion costs for the beginning work - in

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The Johnson Company manufactures tote bags and adds all materials at the beginning of the process. The conversion costs for the beginning work - in - process is $11,000 and conversion costs added during the period was $138,800. The equivalent units of production for conversion costs is 40,000 units. Using the weighted - average method, what is the cost per equivalent unit for conversion costs

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