Loxham Corporation uses the weighted-average method in its
process costing system. Data concerning the first processing
department for the most recent month are listed below:
Note: Your answers may differ from those offered below due to
rounding error. In all cases, select the answer that is the closest
to the answer you computed. To reduce rounding error, carry out all
computations to at least three decimal places.
Reference: 4-12
The cost per equivalent unit for conversion costs for the first department for the month is closest to:
$39.20 |
||
$37.33 |
||
$33.25 |
||
$36.89 |
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