Business, 20.07.2019 04:10 ogdeekin

Acompany uses a process costing system. its assembly department's beginning inventory consisted of 30,000 units, 75% complete with respect to direct labor and overhead. the direct labor beginning inventory costs were $9,000. the department completed and transferred out 127,500 units this period. the ending inventory consists of 20,000 units that are 25% complete with respect to direct labor and overhead. all direct materials are added at the beginning of the process. the department incurred direct labor costs of $24,000 and overhead costs of $32,000 for the period. assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is:

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Acompany uses a process costing system. its assembly department's beginning inventory consisted of 3...

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