Inacio Corporation Uses the Weighted-Average Method in Its Process Costing

question 136

Multiple Choice

Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below:
Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to three decimal places.
-The cost per equivalent unit for materials for the month in the first processing department is closest to:

• A) $17.01
• B) $17.95
• C) $16.70
• D) $18.29

---

Definitions:

Scholarly Activity

Activities that contribute to one's field of study, including research, publishing, and presenting at conferences, aimed at advancing knowledge.

Short Version

A concise or abridged variant of a document, assessment, or instrument, maintaining essential content.

Instructional Dimension

Aspects or elements that pertain to the methods and strategies used in teaching and learning contexts.

Revised Research Training

An updated or modified educational program or course that equips researchers with new methodologies, ethical practices, or knowledge in their field.