Which of the following formulae is used to calculate the cost per equivalent unit of production (EUP) for direct materials?
A) Cost per EUP for direct materials = Total conversion costs ÷ Equivalent units of production for direct materials
B) Cost per EUP for direct materials = Total direct materials costs ÷ Equivalent units of production for direct materials
C) Cost per EUP for direct materials = Total transferred in costs ÷ Equivalent units for transferred in
D) Cost per EUP for direct materials = Total direct materials costs ÷ Equivalent units of production for conversion costs
Correct Answer:
Verified
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