Jublot Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to three decimal places.
-The cost per equivalent unit for materials for the month in the first processing department is closest to:
A) $16.31
B) $21.25
C) $14.48
D) $15.88

Question

Jublot Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
  Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to three decimal places.
-The cost per equivalent unit for materials for the month in the first processing department is closest to:
A) $16.31 
B) $21.25 
C) $14.48 
D) $15.88

Quizplus · Accepted Answer

Weighted-average method
 11ea7761_189c_9785_81a5_4bb73b6b7015_TB2580_00 11ea7761_189c_be96_81a5_b5c19bbf1456_TB2580_00

Jublot Corporation Uses the Weighted-Average Method in Its Process Costing