TB MC Qu. 16-94 (Algo) A production department reports...

A production department reports the following conversion costs. Equivalent units of production for conversion total 359,000 for this period. Calculate the cost per equivalent unit of production for conversion. The company uses the weighted-average method.

Cost of beginning work in process	270,000
Costs added this period	1,201,900

Multiple Choice

• $0.75.

• $3.85.

• $4.10.

• $3.10.

• $0.39.