Question

For September, Murphy Company has manufacturing costs in BWIP equal to $100,000. During September, the manufacturing costs incurred were $550,000. Using the weighted average method, Murphy had 100,000 equivalent units for September. The equivalent unit cost for September is

a. $1.00.
b. $7.50.
c. $6.50.
d. $6.00.
e. $6.62.

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