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1 answer:
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Answer:
$2.90 per unit
Explanation:
The computation of the cost per equivalent unit of conversion is attached below:-
The formulas are shown below:-
Equivalent material = Direct material × Percentage completion
Equivalent conversion = Conversion × Percentage completion
The cost per equivalent unit come from
= Total cost ÷ number of equivalent units
hence, the cost per equivalent unit of conversion is $2.90 per unit
