Multiple Choice
The Assembly Department of Protocol,Inc.,manufacturer of computers,incurred $280,000 in direct material costs and $70,000 in conversion costs.The equivalent units of production for direct materials and conversion costs are 1000 and 900,respectively.The weighted-average method is used.The cost per equivalent unit of production for direct materials is ________.(Round your answer to the nearest cent.)
A) $77.78
B) $70.00
C) $311.11
D) $280.00
Correct Answer:

Verified
Correct Answer:
Verified
Q114: A production cost report aids in preparing
Q115: Nelson Manufacturing has two processing departments,Department I
Q116: A predetermined overhead allocation rate is used
Q117: Sigua Sugar,Inc.in Florida has six processing
Q118: The production cost reports show the calculations
Q120: Duran Manufacturing uses a process costing system
Q121: Under process costing,direct materials and direct labor
Q122: The Assembly Department of GigaGo,Inc.,manufacturer of computers,had
Q123: The costs that were incurred in a
Q124: Under the first-in,first-out (FIFO)method,prior period costs are