Multiple Choice
Morvan Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below: 
Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed.
-The cost per equivalent unit for materials for the month in the first processing department is closest to:
A) $27.70
B) $26.82
C) $28.13
D) $28.40
Correct Answer:
Verified
Correct Answer:
Verified
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