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:
Verified
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