Wright Company Wright Company Adds Material at the Start of Production.The Following

question 10

Multiple Choice

Wright Company
Wright Company adds material at the start of production.The following production information is available for September:

• A)$.58
• B)$.62
• C)$.77
• D)$.82

Beginning Work in Process Inventory
	(45% complete as to conversion)	10,000 units
Started this period		120,000 units
Ending Work in Process Inventory	80% complete as to conversion)	8,200 units
Beginning Work in Process Inventory Costs:
	Material	$24,500
	Conversion	68,905
Current Period Costs:
	Material	$ 75,600
	Conversion	130,053

Refer to Wright Company.What is the material cost per equivalent unit using the weighted average method?

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Definitions:

Consumer Product Safety Commission

The Consumer Product Safety Commission is a U.S. federal agency responsible for protecting the public from risks of injury or death associated with consumer products.

Voluntarily Issuing Recalls

The process by which a company initiates a recall of a product without being compelled to do so by a government agency or court, often due to the discovery of safety issues.

Product Recalls

The process of requesting the return of a batch or production run of products, typically due to the discovery of safety issues or defects.

Puffing

The act of making exaggerated, subjective statements or claims about a product or service that cannot be objectively verified, often used in sales and advertising.