Question: The Lakeside Company uses a weighted average process costing system. The following data are available - 20,000 16,000 Beginning inventory Units started in production Units

 The Lakeside Company uses a weighted average process costing system. The

The Lakeside Company uses a weighted average process costing system. The following data are available - 20,000 16,000 Beginning inventory Units started in production Units finished during the period Units in process at the end of the period (complete as to materials, % complete as to labor and overhead) Cost of materials used Labor and overhead costs 4, $35,200 $37,400 Cost per equivalent unit of labor and overhead is: Multiple Choice

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