Giga Company Uses a Weighted Average Process Cost System

question 175

Essay

Giga Company uses a weighted average process cost system.The department started and finished 129,000 units during the current period.The ending inventory consists of 60,000 units that are 75% complete with respect to direct labor and overhead.All direct materials are added at the beginning of the process.The department incurred direct labor costs of $262,500 and overhead costs of $126,000.
(a)Compute the equivalent cost per unit for direct labor.
(b)Compute the equivalent cost per unit for overhead.

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Definitions:

Blood Flow

The movement of blood through the circulatory system, delivering oxygen and nutrients to the body while removing waste products.

Amygdala

A small almond-shaped set of neurons located deep within the brain's temporal lobe, involved in processing emotions such as fear, anger, and pleasure.

Physical Arousal

The condition of the body being physiologically alert, awake, and attentive, often in response to stimuli.

Lymphocyte Production

The process of generating lymphocytes, which are a type of white blood cell crucial for the immune system, helping the body fight infections and other diseases.