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

question 97

Multiple Choice

Lowler 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) $46.62
• B) $43.26
• C) $44.40
• D) $37.66

---

Definitions:

Sarcolemma

The cell membrane of a muscle fiber that encloses the cytoplasm and organelles of the cell and plays a critical role in muscle contraction.

Muscle Fiber

Muscle cell.

Myofilament

Extremely fine molecular thread helping form the myofibrils of muscle; thick myofilaments are formed of myosin, and thin myofilaments are formed of actin.

Myofibril

A basic rod-like unit of a muscle cell that is responsible for the muscle's contractile properties.