Zing Inc.calculates cost for an equivalent unit of production using both the weighted-average and the FIFO methods.
Cost per equivalent unit for materials under the weighted-average method is calculated to be:
A)$3.535.
B)$4.040.
C)$4.230.
D)$3.000.
E)$2.875.

Question

Zing Inc.calculates cost for an equivalent unit of production using both the weighted-average and the FIFO methods. 
Cost per equivalent unit for materials under the weighted-average method is calculated to be:
A)$3.535. 
B)$4.040. 
C)$4.230. 
D)$3.000. 
E)$2.875.

Quizplus · Accepted Answer

The Answer of Zing Inc.calculates cost for an equivalent unit of production using both the weighted-average and the FIFO methods. 
Cost per equivalent unit for materials under the weighted-average method is calculated to be:
A)$3.535. 
B)$4.040. 
C)$4.230. 
D)$3.000. 
E)$2.875.

Zing IncCalculates Cost for an Equivalent Unit of Production Using Both