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Quola Canned Beverage Company

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Quola Canned Beverage Company reported the following data about its production process for the current month:

Cost of beginning work in process

$ 1,100,000

Total manufacturing cost

$ 4,400,000

Units completed

800,000

Units in process (40%) complete

200,000

What was the average cost per equivalent unit for the month?

A) $6.25
B) $5.50
C) $5.00
D) $4.40

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Solution Summary

This solution is comprised of a detailed explanation to answer what the average cost per equivalent unit for the month was as well as the equivalent units.

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Quola Canned Beverage Company reported the following data about its production process for the current month:

Cost of beginning work in ...

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