Question: Accounting Larner Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear

Accounting

Operating data for the first processing department for the month of June

Larner Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: Units Percentage complete Beginning work in 24,000 40% process inventory Started into production 86,000 during June Ending work in process 19,000 20% inventory According to the company's records, the conversion cost in beginning work-in-process inventory was $68,064 at the beginning of June. Additional conversion costs of $585,324 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.) Multiple Choice $7.090 TN atv 4 17ng Enabled: Midterm What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.) Multiple Choice $7.090 $5.575 $6.892 $6.174 JUN atv A

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