Information Concerning Department C of Boot and Shoe Company for the Month

question 31

Multiple Choice

Information concerning Department C of Boot and Shoe Company for the month of March is as follows:
All materials are added at the beginning of the process.
$\begin{array}{lll}&&\text { Materials }\\&\text { Units }&\text { Costs }\\\text { Work in process, beginning of month } & 20,000 & \$ 14,250 \\\text { Started in March } & 85,000 & \$ 66,600 \\\text { Units completed } & 90,000 & \\\text { Work in process, end of month } & 15,000 &\end{array}$
-Refer to the Figure.What would be the cost (rounded to two decimal places) per equivalent unit for materials when using the first-in,first-out method?

• A)$0.74
• B)$0.77
• C)$0.78
• D)$0.90

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