Question: 9. A company uses the average costing method. Equivalent units for CC were as follows: Completed and transferred out: 120,000 Ending Inventory 40,000 There were

9. A company uses the average costing method. Equivalent units for CC were as follows: Completed and transferred out: 120,000 Ending Inventory 40,000 There were $48,850 CC costs in beginning inventory and the company added $599,150 CC costs during the period. Calculate the cost per equivalent unit for CC

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