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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
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 | 18,200 | 20 | % | ||||
Transferred in from the prior department during September | 97,000 | ||||||
Ending work-in-process inventory | 30,400 | 90 | % | ||||
According to the company's records, the conversion cost in beginning work-in-process inventory was $28,460 at the beginning of September. Additional conversion costs of $536,124 were incurred in the department during the month.
What would be the cost per equivalent unit for conversion costs for September?
Multiple Choice
A) $4.833.
B) $5.471.
C) $4.829.
D) $4.940.
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