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

question 18

Multiple Choice

Atwich Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 600 units. The costs and percentage completion of these units in beginning inventory were: A total of 5,100 units were started and 4,400 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 75% complete with respect to materials and 10% 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)$21.28
• B)$20.07
• C)$19.29
• D)$18.19

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Definitions:

C State

Typically refers to a condition or status of an organism or its parts, often used in various scientific contexts but may need clarification without further context.

Initial Reaction

the immediate response of an organism to a stimulus, prior to any learning or conditioning that may alter the behavior.

Disinhibition

The reduction or removal of inhibition, resulting in an increase in previously suppressed behaviors or actions.

Sensitization

An increased response to a stimulus following repeated exposure, usually associated with adverse or noxious stimuli.