Multiple Choice
Peach Company uses a weighted-average process-costing system.Company records disclosed that the firm completed 40,000 units during the month and had 10,000 units in process at month-end,20% complete.Conversion costs associated with the beginning work-in-process inventory amounted to $231,000,and amounts that relate to the current month totaled $966,000.If conversion is incurred uniformly throughout manufacturing,Peach's equivalent-unit cost is:
A) $23.00.
B) $23.94.
C) $24.15.
D) $28.50.
E) some other amount.
Correct Answer:
Verified
Correct Answer:
Verified
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