In its initial year of operation,Montoya Manufacturing started and completed 4000 identical widgets and had 1000 widgets that were 40 per cent complete in work-in-process at the end of the year.Total production costs for the year were $55 000.What is the cost per equivalent unit?
A) $12.50
B) $11.00
C) $11.96
D) $13.75

Question

Quizplus · Accepted Answer

The Answer of In its initial year of operation,Montoya Manufacturing started and completed 4000 identical widgets and had 1000 widgets that were 40 per cent complete in work-in-process at the end of the year.Total production costs for the year were $55 000.What is the cost per equivalent unit?
A) $12.50
B) $11.00
C) $11.96
D) $13.75

In Its Initial Year of Operation,Montoya Manufacturing Started and Completed