Multiple Choice
A company starts work on 1000 physical units and completes 75 per cent of conversion activity. The costs are $1500 for conversion and $5000 for direct material. What is the cost per equivalent unit for direct material?
A) $10.00 per unit
B) $5.00 per unit
C) $6.00 per unit
D) $6.67 per unit
Correct Answer:
Verified
Correct Answer:
Verified
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