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Business, 18.03.2021 01:50 krislinsanchez5221

A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 54,800 units, 75% complete with respect to direct labor and overhead. The department completed and transferred out 115,500 units this period. The ending inventory consists of 44,800 units that are 25% complete with respect to direct labor and overhead. All direct materials are added at the beginning of the process. The department incurred direct labor costs of $36,000 and overhead costs of $44,000 for the period. Assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is:

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