University Of Michigan Operations And Supply Chain Management Assignment Help - The balance
Question - The balance in beginning Work in Process at Bing Rubber Company for direct labor was $147,200. During the month of March, an additional $1,249,550 of direct labor was incurred, and 32,100 pounds of rubber were produced. At the end of March, 11,300 pounds of rubber were in process and the units were 50 percent complete. At the start of March, the company had 6,710 pounds of rubber that were 40 percent complete. Calculate the cost per equivalent unit for labor assuming that labor is added uniformly throughout the production process.
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