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Smith Manufacturing Uses the Weighted Average Process Costs Method

Question 38

Multiple Choice

Smith Manufacturing uses the weighted average process costs method. Smith has provided the follow data: Smith Manufacturing uses the weighted average process costs method. Smith has provided the follow data:   Units still in process at the end of the period are 100% complete as to material and 60% complete as to conversion. What is the cost per equivalent unit for conversion costs? A)  $24.18 B)  $34.34 C)  $15.00 D)  $14.55 E)  $15.29 Units still in process at the end of the period are 100% complete as to material and 60% complete as to conversion. What is the cost per equivalent unit for conversion costs?


A) $24.18
B) $34.34
C) $15.00
D) $14.55
E) $15.29

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