Question: Lee Corporation uses the weighted average method in its process costing system. The following data concerning the companys Assembly Department was reported for the month
Lee Corporation uses the weighted average method in its process costing system. The following data concerning the companys Assembly Department was reported for the month of September:
Materials Conversion
Work in process, Sept 1 $5,200 $3,502
Costs added to production during September $105,482 $279,610
Equivalent units of production for September 10,410 10,320
What were the costs per equivalent unit for the Assembly Department for September?
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