Question: Yoder Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent

Yoder Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:

Work in process, beginning:
Units in process 40,000
Percent complete with respect to materials 70%
Percent complete with respect to conversion 60%
Costs in the beginning inventory:
Materials cost $8,600
Conversion cost $4,800
Units started into production during the month 750,000
Units completed and transferred out during the month ?
Costs added to production during the month:
Materials cost $223,000
Conversion cost $149,000
Work in process, ending:
Units in process 30,000
Percent complete with respect to materials 40%
Percent complete with respect to conversion 30%

What was the cost per equivalent unit for materials during the month?

A)$0.25

B) $0.20

C) $0.15

D) $0.30

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