Question: Iverson Industrial s production cost report for its Packaging Department reveals

Iverson Industrial’s production cost report for its Packaging Department reveals that the cost per equivalent unit started and completed in November was $148. The same report reveals that the cost per equivalent unit transferred out of the Packaging Department in November was $150.
Were November manufacturing costs per equivalent unit higher than, lower than, or the same as October costs per equivalent unit? Explain your answer.


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  • CreatedApril 21, 2014
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