Question

The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory...

The Lakeside Company uses a weighted-average process costing system. The following data are available:

Beginning inventory -0-
Units started in production 22,600
Units finished during the period 17,200
Units in process at the end of the period (complete as to materials, ¼ complete as to labor and overhead)
5,400
Cost of materials used $ 51,120
Labor and overhead costs $ 39,165

Total cost of the 17,200 units finished is: (Round intermediate calculations to two decimal places and round your final answer to the nearest whole dollar).

$93,079.

$81,124.

$75,164.

$90,318.

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