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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 21,800 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 | 21,800 | ||
Units finished during the period | 16,800 | ||
Units in process at the end of the period (complete as to materials, complete as to labor and overhead) | 5,000 | ||
Cost of materials used | $ | 45,980 | |
Labor and overhead costs | $ | 36,300 | |
Total cost of the 16,800 units finished is:
$84,051.
$69,220.
$74,371.
$82,315.
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