Landry Co. had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $14,000.Cost per equivalent unit for materials under the FIFO method is calculated to be (rounded):
A)$112.103.
B)$49.242.
C)$109.496.
D)$82.757.
E)$60.185.

Question

Landry Co. had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $14,000.Cost per equivalent unit for materials under the FIFO method is calculated to be (rounded):
A)$112.103. 
B)$49.242. 
C)$109.496. 
D)$82.757. 
E)$60.185.

Quizplus · Accepted Answer

The Answer of Landry Co. had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $14,000.Cost per equivalent unit for materials under the FIFO method is calculated to be (rounded):
A)$112.103. 
B)$49.242. 
C)$109.496. 
D)$82.757. 
E)$60.185.

Landry Co Had the Following Information for the Month of December