Nouri corporation

Noun Corporation uses the FIFO method in its process costing system. Data connecting the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory ................................ 300 Materials costs .................................................................... $6, 100 Conversion costs .................................................................... $700 Percent complete with respect to materials ............................. 70% Percent complete with respect to conversion ................. 15% Units started into production during the month ................... 7, 300 Units transferred to the next department during the month .............................. 6, 600 Materials costs added during the month ......................................... $187, 900 Conversion costs added during the month ....................................... $97, 800 Ending work in process inventory Units in ending work in process inventory ............................. 1,000 Percent complete with respect to materials ............................... 85% Percent complete with respect to conversion ...................................... 20% The cost per equivalent unit for conversion costs for the first department for the month is closest to: $15.20 $15.56 $14.82 $14.48