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Heat Corporation uses the weighted average method of process costing. They had the following unit information relating to their operations: February 28th WIP Units completed
Heat Corporation uses the weighted average method of process costing. They had the following unit information relating to their operations: February 28th WIP Units completed in March March 31st WIP Units 18,200 85,200 18,000 Their February 28th units were 10% complete with respect to overhead and had an overhead cost of $16,700. During March, a total of $837,880 costs were incurred for overhead. The March 31st units were 70% complete with respect to overhead. The overhead cost per equivalent unit for March is closest to: Multiple Choice O $8.73 O $8.74 O $11.77 O $8.57 O $8.90
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