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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
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$67,477.
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$71,772.
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$77,319.
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$66,852.
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