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Stover Company Uses the Weighted-Average Method in Its Process Costing \quad

Question 18

Multiple Choice

Stover Company uses the weighted-average method in its process costing system. Information concerning Department A for the month of June follows: \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad Materials
 Units costs  Work in process, beginning 17,000£12,800 Started in June. 82,00069,700 Units completed 85,000 Work in process, ending 14,000\begin{array}{lrr}&\text { Units}&\text { costs }\\ \text { Work in process, beginning } &17,000 &£ 12,800\\ \text { Started in June. } &82,000&69,700\\ \text { Units completed } &85,000\\ \text { Work in process, ending } &14,000\end{array}

All materials are added at the beginning of the process. The cost per equivalent unit for materials costs is closest to:


A) £0.83.
B) £0.85.
C) £0.97.
D) £1.01.

Correct Answer:

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