Cost 3 - The WISCO Company uses a weighted-average process...

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The WISCO Company uses a weighted-average process costing system. The following data are available: Beginning inventory -0- Units started in production 20,000 Units finished during the period 16,000 Units in process at the end of the period (complete as to materials, 25% complete as to labor and overhead 4,000 Cost of materials used $35,200 Labor and overhead costs $37,400 Equivalent units of production for material are: Answer Selected Answer: 20,000. Correct Answer: 20,000. Response Feedback: 16,000 + 4,000 = 20,000 Question 2 2 out of 2 points Based on the information for question #1 equivalent units of production for labor and overhead are: Answer Selected Answer: 17,000. Correct Answer: 17,000. Response Feedback: Question 3 2 out of 2 points Based on the information for question #1 unit cost of material is:
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Answer Selected Answer: $1.76. Correct Answer: $1.76. Response Feedback: Question 4 2 out of 2 points Based on the information for question #1 unit cost of labor and
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Cost 3 - The WISCO Company uses a weighted-average process...

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