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Problem 1: Department A of Green Shed, Inc. incurred $240,000 in direct material costs and $65,000 in conversion costs. The equivalent units of production for direct materials and conversion costs are 1,215 and 715, respectively. The cost per equivalent unit of production for direct materials is ________.
Option 1: $124.35 per EUPOption 2: $158.03 per EUPOption 3: $90.91 per EUPOption 4: $197.53 per EUP
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