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Business, 13.05.2020 04:57 ShianHagen5

The beginning inventory was 70% complete as to materials and 10% complete as to conversion costs. The ending inventory was 80% complete as to materials and 30% complete as to conversion costs. Costs pertaining to November are as follows: Beginning inventory: direct materials, $54,860; direct labor, $20,620; manufacturing overhead, $15,540. Costs incurred during the month: direct materials, $471,000; direct labor, $185,880; manufacturing overhead, $394,160. What is the equivalent unit cost for the conversion costs assuming Bentley uses first-in, first-out (FIFO) process costing

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