Compute what is the cost per equivalent unit

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Question 1: Firm A has spent $20,000 producing 120 complete units and another 55 which are 80% complete. Assuming 100 (fully complete) units are sold, what is the cost per equivalent unit (allow 2 decimal places)?

Select one:

Option 1: None of the above

Option 2: $200

Option 3: $121.95

Option 4: $114.29

Reference no: EM132546675

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