Answer:
Option 4th is correct. i.e $3.52.
EUP and cost per EUP | DM ($) |
Completed and transferred(66,000 * 100%) | 66,000 |
Ending Work in Process | |
Direct materials(12,000 * 50%) | 6,000 |
Equivalent units | 72,000 |
Costs of beginning inventory | 60,800 |
Costs incurred this period | 1,92,900 |
Total costs | 2,53,700 |
Cost per equivalent unit = $253,700 / 72,000 = $3.52 |
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