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Mirembe Plc uses a weighted - average process - costing system. They completed 4 9 , 0 0 0 units during the month and had

Mirembe Plc uses a weighted-average process-costing system. They completed 49,000 units during the month and had 14,800 units in process at month end, 40% complete. Conversion costs associated with the beginning work-in-process inventory amounted to $287,000, and amounts that relate to the current month totaled $974,000. If conversion is incurred uniformly throughout manufacturing, Mirembe's equivalent-unit cost is: (a) $17.46(b) $18.40(c) $19.88(d) $22.96(e) None of the answers

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