Holcomb Company uses the weighted-average method in its process costing system. The Shaping Department is the second department in its production process. The data below summarize the department's operations in January.

	Units			Percent Complete with Respect to Conversion
Beginning work-in-process inventory		7,800			90	%
Transferred in from the prior department during January		58,000
Completed and transferred to the next department during January		55,300
Ending work-in-process inventory		10,500			30	%

The accounting records indicate that the conversion cost that had been assigned to beginning work-in-process inventory was $7,096 and a total of $92,668 in conversion costs were incurred in the department during January.

What was the cost per equivalent unit for conversion costs for January in the Shaping Department? (Round your answer to 3 decimal places.)

Multiple Choice

• $1.609.

• $1.707.

• $1.455.

• $1.464.

Bentwood Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work-in-process inventory:
Units in beginning work-in-process inventory		1,000
Materials costs	$	19,000
Conversion costs	$	11,000
Percent complete with respect to materials		70	%
Percent complete with respect to conversion		25	%
Units started into production during the month		7,500
Units transferred to the next department during the month		6,300
Materials costs added during the month	$	149,000
Conversion costs added during the month	$	248,300
Ending work-in-process inventory:
Units in ending work-in-process inventory		2,200
Percent complete with respect to materials		80	%
Percent complete with respect to conversion		35	%

The cost per equivalent unit for conversion costs for the first department for the month is closest to: (Round your answer to 2 decimal places.)

Multiple Choice

• $39.45.

• $44.08.

• $38.00.

• $36.41.

Sarfina Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below:

	Units			Percent Complete with Respect to Conversion
Beginning work-in-process inventory		16,400			20	%
Transferred in from the prior department during September		92,500
Ending work-in-process inventory		26,800			90	%

According to the company's records, the conversion cost in beginning work-in-process inventory was $21,260 at the beginning of September. Additional conversion costs of $530,724 were incurred in the department during the month.

What would be the cost per equivalent unit for conversion costs for September? (Round your answer to 3 decimal places.)

Multiple Choice

• $5.711.

• $5.156.

• $5.043.

• $5.036.