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50. Limber Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear
50. Limber Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: Percent Complete with Respect to Conversion 80% Beginning work in process inventory. Started into production during June.. Ending work in process inventory Units 18,000 81,000 17,000 80% According to the company's records, the conversion cost in beginning work in process inventory was $15,264 at the beginning of June. Additional conversion costs of $68,208 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.) A. $0.873 B. $0.696 C. $0.842 D. $1.060
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