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The following information pertains to Oklahoma Co.'s Tulsa Division for the month of April: Units Materials Beginning Work-in-Process 23,500 $ 22,500 Started in April 43,400
The following information pertains to Oklahoma Co.'s Tulsa Division for the month of April:
Units | Materials | ||||||
Beginning Work-in-Process | 23,500 | $ | 22,500 | ||||
Started in April | 43,400 | $ | 21,400 | ||||
Units completed | 51,000 | ||||||
Ending Work-in-Process | 15,900 | ||||||
All materials are added at the beginning of the process. Using the weighted-average method, the cost per equivalent unit of materials is: (CPA adapted) (Round your answer to 2 decimal places.)
Multiple Choice
$0.88.
$0.84.
$0.68.
$0.66.
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