Acme Company uses process costing. Here are data regarding the second processing department for the current...

 

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Acme Company uses process costing. Here are data regarding the second processing department for the current month: Work in process inventory, beginning Units Conversion costs 5,700 units $35,158 Conversion costs incurred $559,854 Units transferred in 59,600 units Units completed and transferred out 57,400 units Work in process inventory, ending 7,900 units The units in beginning work in process inventory are 70% complete with respect to conversion costs and the units in ending work in process inventory are 40% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the month is closest to: Acme Company uses process costing. Here are data regarding the second processing department for the current month: Work in process inventory, beginning Units Conversion costs 5,700 units $35,158 Conversion costs incurred $559,854 Units transferred in 59,600 units Units completed and transferred out 57,400 units Work in process inventory, ending 7,900 units The units in beginning work in process inventory are 70% complete with respect to conversion costs and the units in ending work in process inventory are 40% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the month is closest to:

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Given Data Beginning Work in Process WIP Inventory Units 5700 units Conversion Costs 35158 Conversio... View the full answer