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

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 Cost per equivalent unit of materials is: Multiple Choice $2.20. $2.07. $1.85. $1.76.

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

The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 21,600 Units finished during the period 16,700 Units in process at the end of the period (complete as to materials, ¼ complete as to labor and overhead) 4,900 Cost of materials used $ 44,720 Labor and overhead costs $ 46,865 Total cost of the 16,700 units finished is: (Round intermediate calculations to two decimal places and round your final...

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

The Lakeside Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 22,200 Units finished during the period 17,000 Units in process at the end of the period (complete as to materials, ¼ complete as to labor and overhead) 5,200 Cost of materials used $ 48,530 Labor and overhead costs $ 50,600 Total cost of the 17,000 units finished is: Multiple Choice $90,604. $99,164. $84,168. $88,534.

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