During April, the production department of a process operations system completed and transferred to finished goods 18,000 units that were in process at the beginning of April and 90,000 units that were started and completed in April. April's beginning inventory units were 100% complete with respect to materials and 40% complete with respect to labor. At the end of April, 30,000 additional units were in process in the production department and were 100% complete with respect to materials and 60% complete with respect to labor. The beginning inventory included materials cost of $107,000 and the production department incurred direct materials cost of $329,000 during the month. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.
A. $4.03.
B. $3.16.
C. $3.05.
D. $2.57.
E. $2.38.
Answer: B
Business
You might also like to view...
Repetition is sometimes considered a trait of ______________ writing
a. technical b. scientific c. poor d. exceptional
Business
In prestige pricing, the demand curve is negatively sloped at all price levels
Indicate whether the statement is true or false
Business
Explain the primary purpose of the European Union and its stance on labor standards for member countries.
What will be an ideal response?
Business
A table saw has a mean time between failures of 313 hours and mean time to repair of 2 hours. In this case, the availability is ______.
a. 95.1% b. 99.4% c. 81.7% d. 97.8%
Business