Question: Direct material cost for equivalent unit is $1.10 and there are 2000 physical units 100% complete with respect to materials. What are the total costs

Direct material cost for equivalent unit is $1.10 and there are 2000 physical units 100% complete with respect to materials. What are the total costs of these 2000 physical units that are 50% complete with respect to conversion and conversion costs are $3.75 per equivalent unit?

a. $4950

b. $5950

c. $6950

d. None of the above

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