Acompany uses the fifo method for inventory costing. at the start of the period the production department had 20,000 units in beginning work in process inventory which were 40% complete; the department completed and transferred 165,000 units. at the end of the period, 22,000 units were in the ending work in process inventory and are 75% complete. the production department had labor costs in the beginning goods is process inventory of $99,000 and total labor costs added during the period are $726,825. compute the equivalent cost per unit for labor.

equivalent cost per unit for labor: $4.1982

Explanation:

complete and transferred    165,000

work on ending WIP               16,500  //   22,000 x 75%

previous work on beginning (8,000) //  20,000 x 40%

Equivalent units                   173,500

labor cost added during the period 726,825

equivalent cost 726,825/173,500 = 4.198193084

equivalent cost per unit for labor: $4.1982

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

i really hope this answer you out! it makes my day people like you and giving back to the community that has me through school! if you could do me a favor, if this you and this is the very best answer and you understand that all of my answers are legit and top notch. mark as brainliest! and have a awesome day!

answer; experimentation;