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Hereford, Inc. uses process costing to manufacture widgets in two departments: Assembly and Finishing. During the month, the firm incurred the following costs to produce
Hereford, Inc. uses process costing to manufacture widgets in two departments: Assembly and Finishing. During the month, the firm incurred the following costs to produce 6,000 widgets: Assembly Dept. $9,700 Finishing Dept. $2,250 The firm sold 5,100 widgets during the month. What is the cost per widget produced? (Round answer to the nearest cent.) A. $1.90 $1.99 C. $2.34 D. $1.62
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