Question: Aqua Corporation uses the weighted average method in its process costing system. Cost data for its work in process department follow: Materials Conversion Beginning work

 Aqua Corporation uses the weighted average method in its process costing

Aqua Corporation uses the weighted average method in its process costing system. Cost data for its work in process department follow: Materials Conversion Beginning work in process $67,000 $ 48.000 Costs added during the period $125,000 $225,000 Assuming equivalent units of production for materials are 90,000 and for conversion are 20,000, the cost per equivalent unit for materiais during the period is closest to: $1.39 $3.89 $2.13 $1.75

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