Parkway Company incurred $134,000 in material costs during July.
Additionally, the 12,800 units in the Work-in-Process Inventory on
July 1 had materials assigned to them of $40,000, even though they
were only 5% complete as to materials. No additional units were
started during July, and there were no unfinished units on hand on
July 31. What is the material cost per unit for July, assuming
Parkway uses weighted-average process costing? $10.47. $11.99.
$13.59. $15.47.