Question: Williams Inc. has a process costing system. The Assembly Department had the following costs for May: Labor & Overhead Materials $ 48,000 $ 32.000 Work

Williams Inc. has a process costing system. The Assembly Department had the following costs for May: Labor & Overhead Materials $ 48,000 $ 32.000 Work in process inventory, May 1 $152.000 $168,000 Costs added during May Assume that Wilson uses the FIFO method, and that for May the company computed 16,000 equivalent units for materials. Compute the cost per equivalent unit for materials for the month. ar sien)

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