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Reliable Manufacturers Had No Units in Process at the Beginning

Question 47

Multiple Choice

Reliable Manufacturers had no units in process at the beginning of the year. During the current year, 140,000 units were started. There were 15,000 units in work-in-process at the end of the year. These units were 40% complete. If total production costs for the year were $393,000 what should be the cost per equivalent unit?


A) $3.00
B) $3.14
C) $2.69
D) $2.93

Correct Answer:

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