The cost of direct materials transferred into the Rolling Department of Matco Steel Company is $506,000. The
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The cost of direct materials transferred into the Rolling Department of Matco Steel Company is $506,000. The conversion cost for the period in the Rollin Department is $108,684. The total equivalent units for direct materials and conversion are 9,200 tons and 9,057 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.
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