Multiple Choice
The accountant at Magnificent Magic Company reported $180,000 total direct-material cost and 60,000 total direct-material equivalent units.Compute the direct-material cost per equivalent unit.
A) $1.00 per equivalent unit
B) $2.00 per equivalent unit
C) $3.00 per equivalent unit
D) $4.00 per equivalent unit
E) $5.00 per equivalent unit
Correct Answer:
Verified
Correct Answer:
Verified
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