Use the following information for the next 8 questions.
Hendrix, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities:
-Using the FIFO method, the cost per equivalent unit for materials used during July was
A) $9.90
B) $9.80
C) $11.11
D) $10.00

Question

Use the following information for the next 8 questions.
Hendrix, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities: 
-Using the FIFO method, the cost per equivalent unit for materials used during July was
A) $9.90 
B) $9.80 
C) $11.11 
D) $10.00

Quizplus · Accepted Answer

The Answer of Use the following information for the next 8 questions.
Hendrix, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information about July's activities: 
-Using the FIFO method, the cost per equivalent unit for materials used during July was
A) $9.90 
B) $9.80 
C) $11.11 
D) $10.00

Use the Following Information for the Next 8 Questions