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Calculate the Peach equivalent-unit cost

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Question - Peach Company uses a weighted-average process-costing system. Company records disclosed that the firm completed 49,000 units during the month and had 14,800 units in process at month-end, 40% complete. Conversion costs associated with the beginning work-in-process inventory amounted to $287,000, and amounts that relate to the current month totaled $974,000. If conversion is incurred uniformly throughout manufacturing, Peach's equivalent-unit cost is:

a. $17.46.

b. $18.40.

c. $19.88.

d. $22.96.

e. None of the answers is correct.

Reference no: EM132658664

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