The cost per equivalent unit for conversion costs for the first department for the month is closest to: $44.58 $46.16 $40.03 $48.47
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Gunes Corporation uses the weighted-average method in its
Cost Percent
Complete
Materials costs $ 10,600 65%
Conversion costs $ 12,800 30% A total of 8,500 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:
Cost
Materials costs $ 142,100
Conversion costs $ 359,500 The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs.
The cost per equivalent unit for conversion costs for the first department for the month is closest to:
$44.58
$46.16
$40.03
$48.47
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