Question: Aqua Corporation uses the weighted average method in its process costing system. Cost data for its work in process department follow. Materials Conversion Beginning work
Aqua Corporation uses the weighted average method in its process costing system. Cost data for its work in process department follow. Materials Conversion Beginning work in process $67,000 $ 48,000 Costs added during the period $325,000 $225,000 Assuming equivalent units of production for materials are 30,000 and for conversion are 80,000, the cost per equivalent unit for conversion during the period is closest to: $6.05 $6.88 53.41 O $2.81
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