Question: 9. Malaviya Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below:
9. Malaviya Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below: According to the company's records, the conversion cost in beginning work in process inventory was $63,104 at the beginning of September. Additional conversion costs of $654,240 were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for September? (Round off to three decimal places.) A. $8.060 B. $9.280 C. $9.087 D. $9.400
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