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Assume that your ending inventory is composed of 99 equivalent units of materials and 69...

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Accounting

Assume that your ending inventory is composed of 99 equivalent units of materials and 69 equivalent units of conversions costs and that you have determined your average cost per equivalent unit of direct materials to be $29.00 and your average cost per equivalent unit of conversion costs to be $21.00. Determine the cost of your ending inventory.

The cost of ending inventory is

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