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Assume the following information: Help Save & B Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials
Assume the following information: Help Save & B Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 290,000 $ 300,000 Conversion $ 15,000 386,500 $ 401,500 Total $ 25,000 676,500 $ 701,500 If the equivalent units of production for conversion is 5,000 units using the weighted-average method, then what is the cost per equivalent unit for conversion? (Round your final answer to nearest whole dollar amount.) Multiple Choice $80 $77
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