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 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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