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MC Qu. 174 A company uses the weighted... A company uses the weighted average method for inventory costing. At the start of a period the

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MC Qu. 174 A company uses the weighted... A company uses the weighted average method for inventory costing. At the start of a period the production department had 56,000 units in beginning Work in Process inventory which were 32% complete, the department completed and transferred 167000 units. At the end of the period 14,000 units were in the ending work in Process inventory and are 67% complete. The production department had conversion costs in the beginning goods is process inventory of $89,000 and total conversion costs added during the period are $726,600. Compute the conversion cost per equivalent unit Multipl Choice $4.83 $4.47 $4.26

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