Question: MacAroni & Cheez, LLP, uses weighted average process costing. Beginning Inventory consists of 1,000 units, with $72,000 in costs carried over from the prior period.

MacAroni & Cheez, LLP, uses weighted average process costing. Beginning Inventory consists of 1,000 units, with $72,000 in costs carried over from the prior period. All inputs are added simultaneously. They use another $24,000 in the current period to start another 12,000 units, of which 6,000 are completed and transferred out. Ending Inventory is 40% complete. What is the total cost per equivalent unit?

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