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xxTIMURxx [149]
3 years ago
12

16. Physical units accounted for are 160,000. Total conversion costs are $387,100. There are 4,000 units in ending inventory whi

ch are 50% complete as to conversion costs. How much is the conversion cost per unit
Business
1 answer:
Archy [21]3 years ago
6 0

Answer: $2.39

Explanation:

Physical units accounted for = 160,000

Conversion cost = $387100

Number of units will be:

= 160,000 + 50%(4000)

= 160000 + 0.5(4000)

= 160000 + 2000

= 162000

Conversion cost per unit will be:

= 387100 / 162000

= $2.39

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3 years ago
How does a firm in perfect competition identify profit maximizing output levels? How does this differ from profit maximization l
igor_vitrenko [27]

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