Answer the Following Questions Using the Information Below

question 41

Multiple Choice

Answer the following questions using the information below:
Craft Concept manufactures small tables in its Processing Department. Direct materials are added at the initiation of the production cycle and must be bundled in single kits for each unit. Conversion costs are incurred evenly throughout the production cycle. Before inspection, some units are spoiled due to nondetectible materials defects. Inspection occurs when units are 50% converted. Spoiled units generally constitute 5% of the good units. Data for December 2012 are as follows:
Costs for December:

-What is the total cost per equivalent unit using the weighted-average method of process costing?

• A)$3.00
• B)$3.60
• C)$6.60
• D)$4.60

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Definitions:

National Ambient Air Quality Standards

Regulations established by the United States Environmental Protection Agency to limit pollutants in the air to protect public health and the environment.

Primary Standards

Basic, fundamental benchmarks or criteria that serve as the minimum requirements in various fields, including environmental protection and product quality.

National Ambient Air Quality Standards

Levels of air quality deemed safe for the public and environment, established by regulatory agencies to limit pollutants.

Public Welfare

Refers to government programs aimed at ensuring the basic physical and material well-being of its citizens.