Question 14 OT Question 14 4 points Save Cardinal Polish manufactures a single product in one department and uses a process costing system. At the start of September, there were 15,000 units in process that were 100 percent complete with respect to direct material and 50 percent complete with respect to conversion costs (labor and overhead). During the month, the company began production of 105,000 units and ending work in process Inventory consisted of 5,000 units that were 100 percent complete with respect to material and 70 percent complete with respect to conversion costs. Cost Information: Beginning Work Costs Added in Process in September Direct material $4,000 $76,500 Direct labor 200 88,880 Manufacturing overhead 300 99,070 Total $4,500 $264,450 What is the cost per equivalent unit? a $2.26 b. $2.24 O c. $2.20 d. $2.16 O 4 points Save A NOTE - This is the same information as question 14 Cardinal Polish manufactures a single product in one department and uses a process costing system. At the start of September, there were 15,000 units in process that were 100 percent complete with respect to direct material and 50 percent complete with respect to conversion costs (labor and overhead). During the month, the company began production of 105,000 units and ending work in process Inventory consisted of 5,000 units that were 100 percent complete with respect to material and 70 percent complete with respect to conversion costs. Cost Information: Beginning Work Costs Added in Process in September Direct material $4,000 $76,500 Direct labor 200 88,880 Manuf, overhead 300 99 070 Total $4,500 $264,450 What is the cost of items completed? a $268,950 O b. $259,900 c. $264,450 O d. $120,000