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Vital Industries manufactured 2,600 units of its product Huge in the month of April. It incurred a total cost of $130,000 during the month. Out of this 140,000, $45,300 comprised of direct materials used in the product and the rest was incurred because of the conversion cost involved in the process. Vital had no opening or closing inventory.
Question 1: What will be the total cost per unit of the product?
Group of answer choices
Option 1: $53.85
Option 2: $35.00
Option 3: 50.00
Option 4: $45.00
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