Determine cost per equivalent unit of labor and overhead

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Question - The Lakeside Company uses a weighted-average process costing system. The following data are available:

Beginning inventory -0-

Units started in production 20,000

Units finished during the period 16,000

Units in process at the end of the period (complete as to materials, ¼ complete as to labor and overhead) 4,000

Cost of materials used $35,200

Labor and overhead costs $37,400

Required - Determine cost per equivalent unit of labor and overhead?

Reference no: EM132893954

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