Unizat Corporation uses the weighted-average method in its process costing system. The following information pertains to one of the company's processing departments for a recent month:
All materials are added at the beginning of the process. The cost per equivalent unit for materials is closest to:
A) $0.86
B) $0.90
C) $1.10
D) $1.18

Question

Unizat Corporation uses the weighted-average method in its process costing system. The following information pertains to one of the company's processing departments for a recent month: 
All materials are added at the beginning of the process. The cost per equivalent unit for materials is closest to:
A) $0.86 
B) $0.90 
C) $1.10 
D) $1.18

Quizplus · Accepted Answer

The Answer of Unizat Corporation uses the weighted-average method in its process costing system. The following information pertains to one of the company's processing departments for a recent month: 
All materials are added at the beginning of the process. The cost per equivalent unit for materials is closest to:
A) $0.86 
B) $0.90 
C) $1.10 
D) $1.18

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