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Madison Industries Has Equivalent Units of 2,000 for Materials and for Conversion

Question 48

Multiple Choice

Madison Industries has equivalent units of 2,000 for materials and for conversion costs.Total manufacturing costs are $200,000.Total material costs are $150,000.How much is the conversion cost per unit?


A) $10.00
B) $25.00
C) $100.00
D) $20.00

Correct Answer:

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