The cost of materials consumed in producing good units in the Forming Department was $88,000 and $80,500

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The cost of materials consumed in producing good units in the Forming Department was $88,000 and $80,500 for July and August, respectively. The number of equivalent units produced in July and August was 400 tons and 350 tons, respectively. Evaluate the cost of materials between the two months.

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Material cost per ton July Mate...View the full answer

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