Question: Elbow, Inc makes maccaroni. It uses the Weighted Average Method for inventory cost flows. The total Equivalent Units for the period are calculated at =

Elbow, Inc makes maccaroni. It uses the Weighted Average Method for inventory cost flows. The total Equivalent Units for the period are calculated at = 2,010,000 units. Ending Inventory = 325,000 units. Direct materials cost = $4,500,500. Direct labor = $6,813,550; Factory Overhead = $1,911,750; Administrative salaries = $532,000; Selling expenses = $387,000. Calculate the Cost per Equivalent Unit.

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