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

question 49

Multiple Choice

Lanjan Corporation uses the weighted-average method in its process costing system.Operating data for the first processing department for the month of June appear below: According to the company's records, the conversion cost in beginning work in process inventory was $92,218 at the beginning of June.Additional conversion costs of $571,618 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)

• A)$9.410
• B)$7.521
• C)$5.954
• D)$9.220

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Definitions:

Protest Politics

Political activity and movements aimed at expressing opposition and seeking change on specific issues through demonstrations and rallies.

Satyagraha

A philosophy and practice of nonviolent resistance developed by Mahatma Gandhi, focusing on truth and firmness in seeking justice.

Mass Movements

Large groups of people who come together to advocate for social, political, or other types of change.

Nativist Movement

A socio-political ideology favoring the interests and culture of native-born inhabitants over those of immigrants, often manifesting in policies or actions that discriminate against non-natives.