Solved: Total manufacturing costs are 160000 total materials costs, Accounting Basics

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Total manufacturing costs are 160000 total materials costs

Question - Madison Industries has equivalent units of 2,000 for materials and for conversion costs. Total manufacturing costs are $160,000. Total materials costs are $120,000. How much is the conversion cost per unit?

a. $8.00.

b. $20.00.

c. $80.00.

d. $16.00.

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Accounting Basics: Total manufacturing costs are 160000 total materials costs

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