Assume that your ending inventory is composed of 90 equivalent units of materials and 63 equiva- lent

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Assume that your ending inventory is composed of 90 equivalent units of materials and 63 equiva- lent units of conversions costs and that you have determined your average cost per equivalent unit of direct materials to be \($26.00\) and your average cost per equivalent unit of conversion costs to be \($19.00.\) Determine the cost of your ending inventory.

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Financial & Managerial Accounting For Undergraduates

ISBN: 9781618533104

2nd Edition

Authors: Jason Wallace, James Nelson, Karen Christensen, Theodore Hobson, Scott L. Matthews

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