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Answer the following questions using the information below:
Triboro Computer Systems, Inc., manufactures printer circuit cards. All direct materials are added at the inception of the production process. During January, the accounting department noted that there was no beginning inventory. Direct materials purchases totaled $200,000 during the month. Work-in-process records revealed that 8,000 card units were started in January, 4,000 card units were complete, and 3,000 card units were spoiled as expected. Ending work-in-process card units are complete in respect to direct materials costs. Spoilage is not detected until the process is complete.
-What are the respective direct material costs per equivalent unit, assuming spoiled units are recognized or ignored?
Grow
To grow or expand in size, volume, or intensity as time progresses.
Annual Rate
The interest rate for a loan or investment over the span of one year.
Simple Interest
Interest calculated only on the principal amount, not on the interest accrued.
Invested
The maneuver of allocating finances with the aspiration of earning income or profit.
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