Use the following information to answer the next $2$ questions

Sentry Inc. manufactures a product that passes through two processing departments;

Cutting and Assembly. All direct materials are added at the beginning of each of the

production process and conversion costs are added uniformly throughout each production

process. During March, the company's Cutting Department started production of $2,900$

units. The Cutting Department had $800$ units in process at the beginning of the month

$(40\%$ complete with respect to conversion$)$ and $500$ units in process at the end of the

month $(70\%$ complete with respect to conversion$).$ The FIFO method of process costing is

used by Sentry$$s Cutting Department. The following information relates to the Cutting

Department for March:

Cost in Beginning

Work in Process

Costs added in

March

Direct Materials $$33,250$ $$140,650$

Conversion costs $$11,680$ $$114,342$

$15.(1$ point$)$ What was the conversion cost per equivalent unit for February in the Cutting

department? $($Round to the nearest penny$)$

a$.$ $$36\mathrm{.}50$

b$.$ $$41\mathrm{.}56$

c$.$ $$48\mathrm{.}50$

d$.$ $$35\mathrm{.}40$

e$.$ $$24\mathrm{.}33$

f$.$ $$14\mathrm{.}60$

g$.$ $$56\mathrm{.}16$

h$.$ None of the above

$16.(2$ points$)$ What is the cost of the goods transferred out of the Cutting department into

the Assembly department during March? $($Round the cost per equivalent unit to

the nearest penny$)$

a$.$ $$218,352\mathrm{.}00$

b$.$ $$274,610\mathrm{.}00$

c$.$ $$191,385\mathrm{.}40$

d$.$ $$301,235\mathrm{.}60$

e$.$ $$264,000\mathrm{.}00$

f$.$ $$299,922\mathrm{.}00$

g$.$ $$263,282\mathrm{.}00$

h$.$ None of the above