Business, 17.08.2019 20:10 enthusiastfranklin

Acompany uses a process cost accounting system and the weighted-averaage inventory valuation method. its assembly department's beginning inventory consisted of 50,000 units, three-fourths complete with respect to direct labor and overhead. the department started and finished 127,500 units this period. the ending inventory consists of 40,000 units that are one-fourth complete with respect to direct labor and overhead. all direct materials are added at the beginning of the process. goods in process included direct labor costs of $30,000 and overhead costs of $40,000 for the period. the overhead cost per equivalent unit is: a. $0.126b. $0.160c. $0.178d. $0.213e. $0.373

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Acompany uses a process cost accounting system and the weighted-averaage inventory valuation method....

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