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QUESTION

The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs.

The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs.

The cost per equivalent unit for materials for the month in the first processing department is closest to:

A) $19.01

B) $19.61

C) $20.50

D) $18.19

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