A company uses a process cost accounting system. Its Assembly Department's beginning inventory consisted of 52,000 units, 3/4 complete with respect to direct labor and overhead. The department completed and transferred out 122,500 units this period. The ending inventory consists of 42,000 units that are 1/4 complete with respect to direct labor and overhead. All direct materials are added at the beginning of the process. The department incurred direct labor costs of $29,000 and overhead costs of $37,000 for the period. Assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is:
rev: 06_04_2012
$0.35.
$0.22.
$0.18.
$0.42.
$0.20.