Question: Eban Corporation uses the FIFO method in its process costing system. The first processing department, the Welding Department, started the month with 2 2 ,
Eban Corporation uses the FIFO method in its process costing
system. The first processing department, the Welding Department,
started the month with units in its beginning work in
process inventory that were complete with respect to conversion
costs. The conversion cost in this beginning work in process
inventory was $ An additional units were started into
production during the month. There were units in the ending
work in process inventory of the Welding Department that were
complete with respect to conversion costs. A total of $ in
conversion costs were incurred in the department during the
month.The cost per equivalent unit for conversion costs is closest
to:
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