The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory 0 Units started in production 20,600 Units finished during the period 16,300 Units in process at the end of the period (complete as to materials, ¼ complete as to labor and overhead) 4,300 Cost of materials used $ 38,570 Labor and overhead costs $ 39,615 Cost per equivalent unit of labor and overhead is:
The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory 0 Units started in production 20,600 Units finished during the period 16,300 Units in process at the end of the period (complete as to materials, ¼ complete as to labor and overhead) 4,300 Cost of materials used $ 38,570 Labor and overhead costs $ 39,615 Cost per equivalent unit of labor and overhead is:
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 25E: Cushing, Inc., costs products using a normal costing system. The following data are available for...
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The Lakeside Company uses a weighted-average
Beginning inventory | 0 |
---|---|
Units started in production | 20,600 |
Units finished during the period | 16,300 |
Units in process at the end of the period (complete as to materials, ¼ complete as to labor and |
4,300 |
Cost of materials used | $ 38,570 |
Labor and overhead costs | $ 39,615 |
Cost per equivalent unit of labor and overhead is:
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