The Records of Andrews Company Reflect the Following Data: Work

question 22

Multiple Choice

The records of Andrews Company reflect the following data: Work in process, beginning of the month - 4,500 units; 1 / 3 completed at a cost of $2,400 for materials, $825 for labor, and $5,000 for overhead.
Production costs for the month - materials - $20,695; labor - $13,050; overhead - $41,500
Units completed and transferred to finished goods - 35,000
Work in process, end of month - 3,000 units; 3 / 4 completed
What is the cost per equivalent unit?

• A)$2.24
• B)$2.02
• C)$2.38
• D)$2.15

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Definitions:

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