The Accountant at John's Cycle Manufacturing Company Uses the Weighted-Average

Multiple Choice

The accountant at John's Cycle Manufacturing Company uses the weighted-average costing method.The accountant reported that there were 400 equivalent units of work completed to date,and reported the following cost:
Summary of Total Costs

Required:
Compute the conversion cost-per-unit using the weighted-average costing method.

A) 50
B) 52
C) 54
D) 60
E) 62