Acc346 Managerial Accounting Week 8: (TCO 3) The Freedom Corporation’s painting department

Acc346 Managerial Accounting
Week 8 Final

(TCO 3) The Freedom Corporation’s painting department had a beginning inventory of 580 units, which had direct material costs of $22,715. During June, 9,290 units were started and costs of $1,268,085 were incurred for direct material. Ending inventory consists of 1,000 units, which are 35% complete with respect to direct material.

What is the cost per equivalent unit for direct material?
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