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

question 55

Multiple Choice

Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month:

-What was the cost per equivalent unit for conversion during the month?

• A) $5.45
• B) $6.95
• C) $4.00
• D) $3.05

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Definitions:

Interphalangeal

Pertaining to the joints between the phalanges, the bones in the fingers and toes.

Metacarpophalangeal

Refers to the joints between the metacarpal bones and the phalanges (fingers) of the hands, supporting movement such as bending.

Tibiotalar

Referring to the joint formed between the tibia (shinbone) and the talus (ankle bone), crucial for ankle movement.

Tarsometatarsal

Referring to the joint connections between the tarsal bones of the foot and the metatarsal bones of the forefoot.