Barton Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system. Consider the data that follow. Number of Units Cost of MaterialsBeginning work in process 40,000 $80,600 Started in June 60,000 124,400 Production completed 75,000 Ending work in process 25,000 The company's cost per equivalent unit for materials is:
A. $2.05.
B. $1.67.
C. $1.66.
D. $1.24.
E. None of the answers is correct.
Answer: A
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