The following information pertains to lap co.'s palo division for the month of april: number of units cost of materials beginning wip 15,000 $5,500 started in april 40,000 $18,500 unites completed 42,500 ending wip 12,500 all materials are added at the beginning of the process. using the weighted-average method, the cost per equivalent unit for materials is

$0.44

Explanation:

Given that,

Beginning work in process = $5,500

Started in April = $18,500

Units completed = 42,500

Ending Work-in-Process = 12,500

Using the weighted-average method,

the cost per equivalent unit for materials is as follows:

= (Beginning work in process + Started in April) ÷ (Units completed + Ending Work-in-Process)

= ($5,500 + $18,500) ÷ (42,500 + 12,500)

= $0.44

answer; lags, push the econ below the natural level of output;