Opal Industries uses a process costing system. Direct materi…
Opal Industries uses a process costing system. Direct materials are added at the beginning of the process, whereas conversion costs are incurred evenly throughout the process. Here are data for the month of August: The units in beginning work in process inventory are 70% complete with respect to conversion costs and the units in ending work in process inventory are 50% complete with respect to conversion costs. What is the cost per equivalent unit for conversion costs during the month of August?
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