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Department C of Boot and Shoe Company
Information Concerning Department

Question 87

Multiple Choice

Department C of Boot and Shoe Company
Information concerning Department C of Boot and Shoe Company for the month of March is as follows: Materials
 Units  Cost  Work-in-Process Inventory, beginning of month 20,000$14,250 Started in March 85,000$66,600 Units completed 90,000 Work-in-Process Inventory, end of month 15,000\begin{array}{lll}&\text { Units }&\text { Cost }\\\text { Work-in-Process Inventory, beginning of month } & 20,000 & \$ 14,250 \\\text { Started in March } & 85,000 & \$ 66,600 \\\text { Units completed } & 90,000 & \\\text { Work-in-Process Inventory, end of month } & 15,000 &\end{array} All materials are added at the beginning of the process.
-Refer to Department C of Boot and Shoe Company. What would be the cost (rounded to two decimal places) per equivalent unit for materials when using the first-in, first-out method?


A) $0.74
B) $0.77
C) $0.78
D) $0.90

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