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Required information The following information applies to the questions displayed below.) Clopack Company manufactures one pr
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Answer #1
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Units completed and transferred 34500 =6000+38500-10000
Ending work in process 5000 =10000*50%
Equivalent units for conversion 39500
Conversion costs, June 1 20750
Conversion costs added during month 196500 =89500+107000
Total Conversion costs 217250
Divide by Equivalent units for conversion 39500
Cost per Equivalent unit 5.50
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