2. The following information pertains to Salah Company's Grinding Department for the month of April: Units...
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2. The following information pertains to Salah Company's Grinding Department for the month of April: Units Materials Costs Beginning work in process. Started in April. Units completed and transferred out . 42,500 Ending work in proces.. 15,000 40,000 $5,500 S18,000 12,500 All materials are added at the beginning of the process. Using the weighted-average method, the cost per equivalent unit for materials is closest to: A. $0.59 B. $0.55 C. $0.45 D. $ 0.43 2. The following information pertains to Salah Company's Grinding Department for the month of April: Units Materials Costs Beginning work in process. Started in April. Units completed and transferred out . 42,500 Ending work in proces.. 15,000 40,000 $5,500 S18,000 12,500 All materials are added at the beginning of the process. Using the weighted-average method, the cost per equivalent unit for materials is closest to: A. $0.59 B. $0.55 C. $0.45 D. $ 0.43
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Answer The correct option is D 043 Explanation Yap Company Using the weightedaverage method the c... View the full answer
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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