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The Following Amounts Were Selected from the Production Report of Doggie

Question 82

Multiple Choice

The following amounts were selected from the production report of Doggie Donuts Corporation: Actual units in production 55,000
Equivalent units (materials) 55,000
Equivalent units (conversion) 45,000
Cost per equivalent unit (materials) $1.50
Cost per equivalent unit (conversion) $1.10
Doggie Donuts uses the weighted average costing method in preparing its production reports. What must Doggie Donuts' total production cost to be accounted for have been?


A) $49,500
B) $82,500
C) $132,000
D) $150,000

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