Question: The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 21,600 Units finished during
The Lakeside Company uses a weighted-average process costing system. The following data are available:
| Beginning inventory | -0- | ||
| Units started in production | 21,600 | ||
| Units finished during the period | 16,700 | ||
| Units in process at the end of the period (complete as to materials, complete as to labor and overhead) | 4,900 | ||
| Cost of materials used | $ | 44,720 | |
| Labor and overhead costs | $ | 46,865 | |
Total cost of the 16,700 units finished is: (Round intermediate calculations to two decimal places and round your final answer to the nearest whole dollar).
$91,620.
$81,831.
$83,976.
$78,156.
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