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

question 81

Multiple Choice

Jublot Corporation uses the weighted-average method in its process costing system.Data concerning the first processing department for the most recent month are listed below: 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 conversion costs for the first department for the month is closest to:

• A)$21.76
• B)$19.45
• C)$23.22
• D)$24.38

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Definitions:

Pens

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Writing instruments consisting of a narrow, solid pigment core inside a protective casing that prevents the core from breaking or leaving marks on the user's hand.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing one option over another.

Self-Employed Lawyer

A legal professional who operates their own legal practice rather than working as an employee for a law firm or corporation.