Bradford Electronics Uses the Weighted-Average Method in Its Process Costing

question 46

Multiple Choice

Bradford Electronics uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month is listed below:
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Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places. The cost per equivalent unit for materials for the month in the first processing department is closest to:

• A)£16.66
• B)£15.31
• C)£17.53
• D)£19.09

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Definitions:

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A hormone secreted by the pancreas to control the levels of fats, proteins, and carbohydrates in the body by reducing the level of glucose in the bloodstream.