Question: Noah Company uses process costing procedures. The activity for Noah Company's Mixing department for August is given below. All material is added at the beginning
Noah Company uses process costing procedures. The activity for Noah Company's Mixing department for August is given below. All material is added at the beginning of the process. The Weighted-Average Method is used. Units Conversion % Work in process inventory, August 1 8,000 50% Started in process during August 50,000 Work in process inventory, August 31 10,000 70% Material Conversion $ Work in process inventory, August 1 $ 40,000 $ 30,000 Costs added during August $ 250,000 $ 355,000 Required: Calculate the TOTAL UNIT COST of a completed unit for the month of August. a. $ 11.64 b.$ 12,50 c. $12.60 d. $ 12,00
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