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Question - David Hasselhoff company starts work on 1000 physical units (Kitts) and completes 75 per cent of conversion activity. The costs are $1500 for conversion and $5000 for direct material. What is the cost per equivalent unit for direct material?
a. $6.67 per unit
b. $5.00 per unit
c. $10.00 per unit
d. $6.00 per unit
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