Question: The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 21, 200 Units finished

The Lakeside Company uses a weighted-average
The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 21, 200 Units finished during the period 16, 600 Units in process at the end of the period ( complete as to materials, % complete as to labor and overhead) 4, 600 Cost of materials used $42, 230 Labor and overhead costs $44, 375 Cost per equivalent unit of labor and overhead is

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