Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding department: Units Direct materials Percent Complete Conversion Percent Complete Beginning work in process inventory 25,000 100% 55% Units started and completed 110,000 Units completed and transferred out 135,000 Ending work in process inventory 30,000 100% 30% Production cost information for the Molding department follows. Beginning work in process Direct materi

Sparky Corporation uses the FFO method of process costing. The following information is available for February in its Molding department: i Production cost information for the Molding department follows. Colculate the cost per equivalent unit of conversion Multiple Choice 55.45 Multiple Choice $5.45 $4.50 $4.16 $4.98 $4.60