Question: Saved Help Chapter 14 Save & E Universal Manufacturing uses a weighted average process costing system. All materials are introduced at the start of manufacturing

Saved Help Chapter 14 Save & E Universal Manufacturing uses a weighted average process costing system. All materials are introduced at the start of manufacturing and conversion costs are incurred evenly throughout the process. The company's beginning and ending work-in-process inventones totaled 18,000 units and 15,000 unts, respectively, with the latter units being 2/3 complete at the end of the period Universal started 37400 units into production and completed 40.400 units Manufacturing costs follow . Beginning work in process Materials, 569100, conversion cost, $158,000 Current costs Materials. $259,000 conversion cost $502.000 7 Universal's equivalent unit cost formaterials is: Me Choice 5442 O 55.32 0 5752 $9.52 E 2/1 Type here to search Universal's equivalent-unit cost for materials is: 5 Multiple Choice 2:20:13 $4.42 DOK $5.92 $792 $9.52 None of the answers is correct. 1

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