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Posted: June 10th, 2024
What is the cost per equivalent unit for transfered- in cost
During January, there were 4,000 units of beginning inventory in the Mixing dept., and 90,000 units were transfered in from the prior process. There were 8,000 units in ending inventory. The transfered-in cost in the beginning inventory was $170,000 and there was $600,000 in transfered-in cost during the month. What is the cost per equivalent unit for transfered- in cost?
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