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A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 51,600 units,...

A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 51,600 units, 75% complete with respect to direct labor and overhead. The department completed and transferred out 123,500 units this period. The ending inventory consists of 41,600 units that are 25% complete with respect to direct labor and overhead. All direct materials are added at the beginning of the process. The department incurred direct labor costs of $28,000 and overhead costs of $36,000 for the period. Assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is:

Multiple Choice

  • $0.41.

  • $0.21.

  • $0.17.

  • $0.19.

  • $0.34.

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