Question: please I need accurate answer Summer Time Blues, Inc uses a process costing system. Machining is the the first process. They add all the raw


please I need accurate answer
Summer Time Blues, Inc uses a process costing system. Machining is the the first process. They add all the raw materials needed for production at the beginning of the process. The following production information for the Machining process is available for January Beginning Work in Process Inventory (45% complete as to conversion) Started this period Ending Work in Process Inventory (60% complete as to conversion cost) Beginning Work in Process Inventory Costs: Material Conversion Current Period Costs: Material Conversion 24,000 120,000 18, 200 $32,000 $74,000 $176,800 $229,518 units units units vorage method? What is the material cost per equivalent unit using the weighted average method? O $.77 O $.69 O $.1.45 O $1.53
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