During December, the production department of a process operations system completed and transferred to finished goods a total of 62,000 units of product. At the end of December, 18,000 additional units were in process in the production department and were 70% complete with respect to materials. The beginning inventory included materials cost of $58,200 and the production department incurred direct materials cost of $185,100 during December. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.

rev: 10_05_2019_QC_CS-184681

Multiple Choice

• $3.92.

• $2.48.

• $2.99.

• $3.26.

• $3.04.