The Following Information Pertains to Oklahoma Co (CPA Adapted)

A) $0

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

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

Correct Answer:

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