Tesla Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system....
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Accounting
Tesla Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system. Consider the data that follow.
|
| Number of Units | Cost of Materials |
| Beginning work in process | 47,700 | $ 88,800 |
| Started in June | 64,400 | 190,000 |
| Production completed | 81,900 |
|
| Ending work in process | 30,200 |
|
The company's cost per equivalent unit for materials is:
-
$2.10.
-
$1.69.
-
$1.51.
-
None of these.
-
$2.49.
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