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Cost per equivalent unit for Material Q under the weighted-average method is calculated to be: $5.65. $2.30. $4.60. $3.00. $2.75.

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Answer:

$3.00

Step-by-step explanation:

Calculation for the Cost per equivalent unit for Material Q under the weighted-average method

First step is to calculate the Units transferred

Units transferred= 28000 + 72000 - 16000

Units transferred= 84,000

Second step is to calculate Equivalent units of material P

Equivalent units of material P= 84,000 + 16000

Equivalent units of material P= 100,000 Units

Now let calculate the Cost per Equivalent Units

Cost per Equivalent units of Material P

Beginning WIP Inventory Cost $120,000

Add Cost incurred during period $ 180,000

Total Cost to be accounted for $ 300,000

($300,000+$120,000)

÷Total Equivalent Units 100,000

=Cost per Equivalent Units $3.00

($300,000÷$100,000)

Therefore the Cost per equivalent unit for Material Q under the weighted-average method will be $3.00

User Osmond Bishop
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