Dodd Corporation Uses the Weighted-Average Method in Its Process Costing

question 86

Multiple Choice

Dodd Corporation uses the weighted-average method in its process costing system.This month,the beginning inventory in the first processing department consisted of 400 units.The costs and percentage completion of these units in beginning inventory were: A total of 5,400 units were started and 4,700 units were transferred to the second processing department during the month.The following costs were incurred in the first processing department during the month: The ending inventory was 85% complete with respect to materials and 30% complete with respect to conversion costs. 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)$21.37
• B)$19.47
• C)$20.04
• D)$20.76

---

Definitions:

Crow's Feet

Fine lines or wrinkles that form around the outer corners of the eyes, often associated with aging or frequent exposure to sunlight.

Connective Tissue

A type of tissue within the body that supports, binds together or separates other tissues and organs, varying in density and function.

Smooth Muscles

Involuntary muscles found in the walls of internal organs and blood vessels, controlling movements within the body's systems.

Skeletal Muscles

Skeletal muscles are voluntary muscles attached to bones by tendons, responsible for movement of the body by contraction.