Calculate equivalent units of production for direct labor

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Reference no: EM13121836

Q. A company uses a process cost accounting system and the weighted average method for inventory costs. The following information is available regarding direct labour for the current year:

(a) Calculate the equivalent units of production for direct labour for the year.

(b) Calculate the average cost per equivalent unit for direct labour (round to the nearest cent).

 

Reference no: EM13121836

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