Question: Macadam Corp. uses the weighted average method of process costing. Its cost per equivalent unit for direct materials was $4.00 this period, and it had
Macadam Corp. uses the weighted average method of process costing. Its cost per equivalent unit for direct materials was $4.00 this period, and it had 23,000 equivalent units for direct materials. Beginning inventory costs were 15% of current costs. How much were current costs? Multiple Choice $23,000.00 $57,000.00 $80,000.00 $92.000.00
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