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Jublot Corporation uses the weighted-average method its process costing system. Data concerning the first processing department for the most recent month are listed below: 24
Jublot Corporation uses the weighted-average method its process costing system. Data concerning the first processing department for the most recent month are listed below: 24 Beqinning work in process inventory: Units in beginning work in process inventory 600 Materials costs Conversion costs 7,300 2,300 Percent complete with respect to materials Percent complete with respect to conversion 50% 10 9,400 Units transferred to the next denartmentdurine 8,600 the month Materials costs added during the month $196, 300 Conversion costs added during the month $315,800 Ending work in process inventory: Units in ending work in process inventory 1,400 ls Percent complete with respect to conversion 40% The cost per equivalent unit for materials for the month the first processing department is closest to: Multiple Choice $16.31 $21.25 $14.48 $15.88
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