Macadam Corp. uses the weighted average method of process costing. Its cost per equivalent unit for direct
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Question:
Macadam Corp. uses the weighted average method of process costing. Its cost per equivalent unit for direct materials was $5.00 this period. It had 22,200 equivalent units for direct materials. Beginning inventory costs were 11% of current costs. How much were current costs?
a. $55,000.
b. $25,000.
c. $100,000.
d. $80,000.
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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