Question: Mega Max uses process costing. It reported the following accounting information: work-in-process costs at $20,000, work-in-process equivalent units at 2,000, current period costs at $60,000,
Mega Max uses process costing. It reported the following accounting information: work-in-process costs at $20,000, work-in-process equivalent units at 2,000, current period costs at $60,000, and current period equivalent units at 3,000. Which of the following is the Unit Cost if Mega Max applies Weighted Average Process Costing?
$10
$25
$16
$30
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