A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 55,200 units, 75% complete with respect to direct labor and overhead. The direct labor beginning inventory costs were $10,200. The department completed and transferred out 114,500 units this period. The ending inventory consists of 45,200 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 $37,000 and overhead costs of $45,000 for the period. Assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is:

rev: 10_17_2017_QC_CS-105795

Multiple Choice

• $0.42.
• $0.23.
• $0.49.
• $0.27.
• $0.38.