Zing IncCalculates Cost for an Equivalent Unit of Production Using Both

question 47

Multiple Choice

Zing Inc.calculates cost for an equivalent unit of production using both the weighted-average and the FIFO methods.
Cost per equivalent unit for conversion under the FIFO method is calculated to be:

• A)$3.535.
• B)$4.040.
• C)$4.230.
• D)$3.000.
• E)$2.875.

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