Question: The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory-0-Units started in production26,000Units finished during the period20,800Units in process

The Lakeside Company uses a weighted-average process costing system. The following data are available:

Beginning inventory-0-Units started in production26,000Units finished during the period20,800Units in process at the end of the period

(complete as to materials,

complete as to labor and overhead)

5,200Cost of materials used$44,800Labor and overhead costs$44,600

Equivalent units of production for labor and overhead are:

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