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Question 8 of 20 : Select the best answer for the question. 8. Marten Corporation uses the FIFO method in its process costing system. Operating

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Question 8 of 20 : Select the best answer for the question. 8. Marten Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below. Percent Complete with Respect to Units Conversion Beginning work in process inventory....... 19.000 80% Transferred in from the prior department during September......... 74.000 Ending work in process inventory... 17.000 90% According to the company's records, the conversion cost in beginning work in process inventory was $83,600 at the beginning of September. Additional conversion costs of $427,682 were incurred in the department during the month. What is the cost per equivalent unit for conversion costs for September closest to? Round off to three decimal places. O A. $5.779 O B. $5.620 O c. $5.500 O D. $5.498

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