Use the following information to answer the next 2 questions Arthur Inc. manufactures a product that passes through two processing departments; Cutting and Assembly. All direct materials are added at the beginning of the each production process and conversion costs are added uniformly throughout each production process. During July, the company's Cutting Department started production of 2,980 units. The Cutting Department had 890 units in process at the beginning of the month (40% complete with respect to conversion) and 450 units in process at the end of the month ( 70% complete with respect to conversion). The weighted average method of process costing is used by Arthur's Cutting Department. The following information relates to the Cutting Department for July: 16. ( 2 point) What was the conversion cost per equivalent unit for Lune in the Cutting department? (Round to the nearest penny) a. $19.40 b. $21.51 c. $31.00 d. $32.00 e. $14.34 f. $22.00 g. $16.94 h. None of the above 17. ( 3 points) What is the cost of the goods transferred out of the Cutting department into the Assembly department during \uly? (Round the cost per equivalent unit to the nearest penny) a. $229,608 b. $306,547 c. $300,397 d. $351,268 e. $294,120 f. $295,155 g. $328,635 h. None of the above