Assuming that the company uses the weighted-average cost method, what is the cost per equivalent unit for material costs for the month in the Blending Department
A)$1.18.
B)$1.09.
C)$1.25.
D)$1.22.

Question

Quizplus · Accepted Answer

The cost per equivalent unit for material costs for the month in the Blending Department is $1.18. This is calculated by dividing the total material costs for the month ($11,800) by the total equivalent units of production for the month (10,000).

Assuming That the Company Uses the Weighted-Average Cost Method, What