The following information is available for a company's utility cost for operating its machines over the last four months Month January February March April Machine hours 1,050 1,950 2,700 750 Utility cost $6,600 $7,200 $8,100 $4,530 Using the high-low method, the estimated variable cost per machine hour for utilities is: Multiple Choice $3.00 - A production department's output for the most recent month consisted of 12,000 units completed and transferred to the next stage of production and 12,000 units in ending Work in Process inventory. The unitsin ending Work in Process inventory were 80% complete with respect to both direct materials and conversion costs. There were 1,400 units in beginning Work In Process inventory, and they were 90% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method Multiple Choice 12,000 units 12.140 units 21,600 units 13.260 units O 21740 units. Next >