Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:

-What was the cost per equivalent unit for conversion during the month?
A) $5.45
B) $6.95
C) $4.00
D) $3.05

Question

Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:
 
-What was the cost per equivalent unit for conversion during the month?
A) $5.45 
B) $6.95 
C) $4.00 
D) $3.05

Quizplus · Accepted Answer

Weighted-average method equivalent units of production
 11ea7761_189e_6c51_81a5_5f35b1400a0a_TB2580_00 Weighted-average method cost per equivalent unit
 11ea7761_189e_9362_81a5_2dbd2c8a76cf_TB2580_00

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