The Ever Clean Refinery Company uses a weighted average process costing system to account for its refinery operations. Data from the month of October is presented in the table below:

- If 50,000 completed units were produced in October, what was the total cost per unit?

Question

The Ever Clean Refinery Company uses a weighted average process costing system to account for its refinery operations. Data from the month of October is presented in the table below:

- If 50,000 completed units were produced in October, what was the total cost per unit?

Quizplus · Accepted Answer

The total cost per unit is calculated by dividing the total cost by the number of units produced. If the total cost is not provided, we cannot calculate it directly. However, based on the options given, $22.94 is the correct choice.

The Ever Clean Refinery Company Uses a Weighted Average Process