Use the Information Below to Answer the Following Questions

question 8

Multiple Choice

Use the information below to answer the following questions:
The Weighted Average method is used for process costing at OxyCorp, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

-What is the cost per equivalent unit for direct materials at OxyCorp?

• A) $3.55
• B) $3.72
• C) $3.33
• D) $2.97

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