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Shiffon Electronics manufactures music player. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department, the Programming department, and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. Shiffon Electronics uses weighted-average costing.
The following information is available for the month of March 2017 for the Assembly department.
What is the conversion cost per equivalent unit in March? (Round to the nearest cent)
Glucose
is a simple sugar and an important energy source in living organisms, also a vital component of many carbohydrates.
Reabsorbed
The process by which substances are taken back into the body's tissues, particularly in the context of renal function and nutrient conservation.
Antibiotic
Medications used to combat bacterial infections, working by killing bacteria or inhibiting their growth.
Penicillin
A group of antibiotics derived from Penicillium fungi, used to treat bacterial infections by inhibiting cell wall synthesis.
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