Gholson, Inc

question 17

Multiple Choice

Gholson, Inc. employs a process costing system in which direct materials are added at the beginning of the process. Direct material costs from the prior period for beginning work in process are $1,250. The current period's direct material costs total $31,500. The company began the period with 500 units, 70% complete, started 10,500 units, and finished the period with 1,000 units, 40% complete.
Using the weighted average method, the direct material cost per equivalent unit for the period is:

• A) $3.00
• B) $2.98
• C) $3.20
• D) $2.55

---

Definitions:

Metabolic Rate

The rate at which the body uses energy to maintain basic physiological functions while at rest.

Obsessed With Food

A state where an individual's thoughts and actions are excessively focused on food, its consumption, and its effects.

Human Behaviors

Patterns of actions or reactions of humans, generally in response to stimuli from the environment or from internal thoughts.

Rigidly Patterned

Describes behavior or processes that are strictly regular and unvarying, often adhering to a fixed or inflexible structure or sequence.