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Business, 24.11.2021 18:50 sakinahunt

True or false: the average cost at the cost minimizing level of output is lower for the new marginal firm than it was for the marginal firm before the change in demand

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The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
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