Assume that you have 890 total equivalent units of materials and 863 total equivalent units of conversion costs. Also assume that your beginning inventory is composed of $1,695 of materials and $747 of conversion costs and that you use $9,875 of materials and incur $7,452 of conversion costs during the current period. Calculate the average cost per unit of materials and conversion costs assuming the weighted average cost flow assumption. Note: Do not round any of your answers
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