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Flagston company uses a weighted-average process-costing system. Company records disclosed that the firm completed 40,000 units during the month and had 10,000 units in process
Flagston company uses a weighted-average process-costing system. Company records disclosed that the firm completed 40,000 units during the month and had 10,000 units in process at month-end, 20% complete. Conversion costs related to the beginning work-in-process inventory amounted to $231,000, and amounts incurred during the current month totaled $900,000. If conversion is incurred uniformly throughout manufacturing, Flagstons equivalent-unit cost is: A. 23 b. 23.94 c. 24.15 d. 28.50 Thank you so much for your help
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