The Following Information Pertains to Oklahoma Co All Materials Are Added at the Beginning of the Process

The following information pertains to Oklahoma Co.'s Tulsa Division for the month of April:
$$\begin{array} { l c c } & \text { Units } & \text { Materials } \\\text { Begirning Work-in-Process } &15,000&\$5,500\\\text { Started in April } & 40,000 & \$ 18,000 \\\text { Units completed } &42,500 \\\text { Ending Work-in-Process } & 12,500 & \\\end{array}$$
All materials are added at the beginning of the process. Using the weighted-average method, the cost per equivalent unit of materials is: (CPA adapted) (Round your answer to 2 decimal places.)

A) $0.59.
B) $0.55.
C) $0.45.
D) $0.43.

Correct Answer:

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