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The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 20,200 Units finished during

The Lakeside Company uses a weighted-average process costing system. The following data are available:

Beginning inventory -0-
Units started in production 20,200
Units finished during the period 16,100
Units in process at the end of the period (complete as to materials, complete as to labor and overhead) 4,100
Cost of materials used $ 36,180
Labor and overhead costs $ 41,100

Total cost of the 16,100 units finished is:

Multiple Choice

  • $67,477.

  • $71,772.

  • $77,319.

  • $66,852.

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