The costs of materials consumed in producing good units in the Forming Department were $84,000 and $85,500

Question:

The costs of materials consumed in producing good units in the Forming Department were $84,000 and $85,500 for May and June, respectively. The number of equivalent units produced in May and June was 700 tons and 750 tons, respectively. Evaluate the change in the cost of materials between the two months.

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