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

question 60

Multiple Choice

Jemsen 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) $19.28
• B) $21.23
• C) $22.29
• D) $20.53

---

Definitions:

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Nativism

Anti-immigrant and anti-Catholic feeling especially prominent from the 1830s through the 1850s; the largest group of its proponents was New York’s Order of the Star-Spangled Banner, which expanded into the American (Know-Nothing) Party in 1854.

Ruth Benedict

An influential American anthropologist who made significant contributions to the field with her research on culture and personality.

Four Freedoms

The four fundamental freedoms outlined by President Franklin D. Roosevelt as essential rights for all people: freedom of speech, freedom of worship, freedom from want, and freedom from fear.