The cost of direct materials transferred into the Filling Department of Ivy Cosmetics Company is $43,200. The

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The cost of direct materials transferred into the Filling Department of Ivy Cosmetics Company is $43,200. The conversion cost for the period in the Filling Department is $16,725. The total equivalent units for direct materials and conversion are 72,000 ounces and 66,900 ounces, respectively. Determine the direct materials and conversion costs per equivalent unit.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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