Peach Company uses a weighted-average process-costing system. Company records disclosed that the firm completed 58,000...
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Peach Company uses a weighted-average process-costing system. Company records disclosed that the firm completed 58,000 units during the month and had 11,000 units in process at month-end, 30% complete. Conversion costs associated with the beginning work-in-process inventory amounted to $270,000, and amounts that relate to the current month totaled $1,027,000. If conversion is incurred uniformly throughout manufacturing, Peach's equivalent-unit cost is: Multiple Choice $15.66. $16.60. $17.71. $21.16. None of the answers is correct
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