What is cost per equivalent unit of material for lakeside co

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Reference no: EM132835844

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

Beginning inventory -0- Units started in production 21,800

Units finished during the period 16,900

Units in process at the end of the period (as to materials, ¼ as to labor and overhead) 4,900

Cost of materials used $45,980

Labor and overhead costs$36,300

Problem 1: Cost per equivalent unit of materials is:

Reference no: EM132835844

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