FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
The Modelling Department of AMC Inc. incurred $295,000 in direct material costs and $120,600 in conversion costs during the period. The beginning work-in-
Compute the costs per equivalent units for direct materials under the weighted-average method. (Round your answer to the nearest cent.)
Group of answer choices
$30.50 per EUP
$23.19 per EUP
$40.00 per EUP
$36.88 per EUP
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