20) Overboard Corporation uses the FIFO method in its process costing system. In the Cutting Department in June, units were 80% complete with respect to conversion in the beginning work in process inventory and 25% complete with respect to conversion in the ending work in process inventory. Other data for the department for June follow: Conversion 23,000 S 39,000 160,000 S 237,000 Units Cost Beginning work in process inventory Units started into production, and costs incurred during the month Units completed and transferred out | 40,000 The cost per equivalent unit for conversion cost is closest to: D) $141 C) $1.35 A) $1.88 B) S1.79 21) Eban Corporation uses the FIFO method in its process costing system. The first processing department, the Welding Department, started the month with 23,400 units in its beginning work in process inventory that were 50% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $70,200. An additional 73,000 units were started into production during the month. There were 19,600 units in the ending work in process inventory of the Welding Department that were 20% complete with respect to conversion costs. A total of S320,160 in conversion costs were incurred in the department during the month The cost per equivalent unit for conversion costs is closest to: A) S5.62 B) $4.99 C) S4.64 D) S4.43 22) Intask Corporation uses the FIFO method in its process costing system. Beginning inventory in the mixing department consisted of 6600 units that were 75% complete with respect to conversion costs. Ending work in process inventory consisted of 5600 units that were 60% complete with respect to conversion costs. If 13,200 units were transferred to the next processing department during the period, the equivalent units of production for conversion cost would be: A) 14,200 units B) 13,850 unitsC) 14,850 unitsD) 11,610 units