Question

The following information pertains to Nebraska Company’s Welding Department for the month of July: Units Beginning...

The following information pertains to Nebraska Company’s Welding Department for the month of July:

Units

Beginning WIP

15,000

Started in July

40,000

Ending WIP

12,500 80% complete

In addition, there were $5,500 of Materials costs in the beginning Work-in-Process Inventory and $18,000 of materials costs were added during July.

All materials are added at the beginning of the process. Using the weighted average method, the equivalent units for materials and the cost per equivalent unit of materials for July are:

Equivalent units

Cost per equivalent unit

A

55,000

$0.43

B

42,500

$0.55

C

40,000

$0.59

D

48,750

$0.48

a.

C

b.

A

c.

D

d.

B

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