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The cost of direct materials transferred into the Bottling Department of the Mountain Springs Water Company is $27,225. The conversion cost for the period in the Bottling Department is $7,596. The total equivalent units for direct materials and conversion are 60,500 and 63,300 respectively. Determine the direct materials and conversion cost per equivalent unit.
Round answers to nearest cent.
\(a _ { 5 }\)
Typically denotes the fifth term in a sequence or series, depending on the context of its use.
\(\left( - \frac { 1 } { 5 } \right) ^ { n }\)
This represents a mathematical expression indicating the nth power of \(-\frac{1}{5}\).
Arithmetic
A branch of mathematics dealing with numbers and basic operations such as addition, subtraction, multiplication, and division.
Common Difference
The constant difference between successive terms of an arithmetic sequence.
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