Question: A process's beginning work in process inventory has $6,000 in conversion costs. During the period 40,000 units are completed. Total period added $84,000 conversion costs.
A process's beginning work in process inventory has $6,000 in conversion costs. During the period 40,000 units are completed. Total period added $84,000 conversion costs. There are 15,000 units in work in process, one-third complete for conversion, at period -end. What is the cost per equivalent unit of production for conversion using weighted average method?
a. $0.50 per EUP
b. $1.87 per EUP
c. $2.00 per EUP
d.$2.10 per EUP
e. $2.25 per EUP
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