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ColorWorks' Painting Department Uses a Process Costing System

Question 66

Multiple Choice

ColorWorks' Painting Department uses a process costing system.It had a beginning Work in Process Inventory of 160 units, which had direct material costs of $17,215.During June, 8,600 units were started and costs of $213,600 were incurred for direct materials.Ending inventory consists of 250 units, which are 80% complete with respect to direct materials.What is the cost per equivalent unit for direct materials during June?


A) $26.09
B) $26.23
C) $26.35
D) $26.50

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