The following information pertains to Oklahoma Co.'s Tulsa Division for the month of April:
$$\begin{array} { l c c }
& \text { Units } & \text { Materials } \
\text { Begirning Work-in-Process } &15,000&\$5,500\
\text { Started in April } & 40,000 & \$ 18,000 \
\text { Units completed } &42,500 \
\text { Ending Work-in-Process } & 12,500 & \

\end{array}$$
All materials are added at the beginning of the process. Using the weighted-average method, the cost per equivalent unit of materials is: (CPA adapted) (Round your answer to 2 decimal places.)
A) $0.59.
B) $0.55.
C) $0.45.
D) $0.43.

Question

The following information pertains to Oklahoma Co.'s Tulsa Division for the month of April:
$$\begin{array} { l c c } 
& \text { Units } & \text { Materials } \
\text { Begirning Work-in-Process } &15,000&\$5,500\
\text { Started in April } &  40,000 & \$ 18,000 \
\text { Units completed } &42,500 \
\text { Ending Work-in-Process } & 12,500   & \

\end{array}$$
All materials are added at the beginning of the process. Using the weighted-average method, the cost per equivalent unit of materials is: (CPA adapted) (Round your answer to 2 decimal places.)
A) $0.59.
B) $0.55.
C) $0.45.
D) $0.43.

Quizplus · Accepted Answer

The Answer of The following information pertains to Oklahoma Co.'s Tulsa Division for the month of April:
$$\begin{array} { l c c } 
& \text { Units } & \text { Materials } \
\text { Begirning Work-in-Process } &15,000&\$5,500\
\text { Started in April } &  40,000 & \$ 18,000 \
\text { Units completed } &42,500 \
\text { Ending Work-in-Process } & 12,500   & \

\end{array}$$
All materials are added at the beginning of the process. Using the weighted-average method, the cost per equivalent unit of materials is: (CPA adapted) (Round your answer to 2 decimal places.)
A) $0.59.
B) $0.55.
C) $0.45.
D) $0.43.

The Following Information Pertains to Oklahoma Co All Materials Are Added at the Beginning of the Process