A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 50,800 units,...

 

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A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 50,800 units, 75% complete with respect to direct labor and overhead. The department completed and transferred out 125,500 units this period. The ending inventory consists of 40,800 units that are 25% complete with respect to direct labor and overhead. All direct materials are added at the beginning of the process. The department incurred direct labor costs of $26,000 and overhead costs of $34,000 for the period. Assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is: Multiple Choice O O O C $0.16. $0.19. $0.18. $0.32. $0.39. A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 50,800 units, 75% complete with respect to direct labor and overhead. The department completed and transferred out 125,500 units this period. The ending inventory consists of 40,800 units that are 25% complete with respect to direct labor and overhead. All direct materials are added at the beginning of the process. The department incurred direct labor costs of $26,000 and overhead costs of $34,000 for the period. Assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is: Multiple Choice O O O C $0.16. $0.19. $0.18. $0.32. $0.39.

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