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The mixing department is the first processing department in the James Martin Company. The beginning work in process inventory had a value of $9,500 and costs of $128,000 were incurred by the department during the month. There were 1,800 units in ending work in process inventory which were 40% complete and 76,000 units had been transferred out of the department. What is the cost per equivalent unit for conversion costs?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9968929

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