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A company uses a process costing system. Its Assembly Departments beginning inventory consisted of 58,000 units, 75% complet

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Ans: Direct labor cost per equivalent= Direct labor cost incurred/Equivalent units or production for direct labor

Equivalent units= 107,500+25% of 48,000

=107,500+12,000

= (119,500)

Direct labor cost incurred= 44,000

Cost per equivalent units= 44,000/119,500

= 0.368

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