A Company Uses a Process Costing System and the Weighted $\quad$

question 130

Essay

A company uses a process costing system and the weighted average method for inventory costs. The following information is available regarding direct labor for the current year:
Ending Work in Process $\quad$ $\quad$ 5,300 units, $50 \%$ complete

Units completed and transferred to finished goods 28,700 units
Direct labor costs during the year $\quad$ $\quad$$\$ 199,300$
Calculate the average cost per equivalent unit for direct labor (round to the nearest cent).

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Definitions:

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A primary male sex hormone responsible for the development of male secondary sexual characteristics, although it is also present in females.

Estrogen

A group of hormones that play a critical role in female reproductive and sexual development, as well as impacting a variety of other bodily functions.

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A natural benefit or edge that enhances an organism's ability to survive, reproduce, or adapt to its environment.