Question: Lamer Corporation uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:
Lamer Corporation uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: According to the company's records, the conversion cost in beginning work in process inventory was exist68, 064 at the beginning of June. Additional conversion costs of exist585, 324 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round of to three decima1 places.) exist6.892 exist6.805 exist5.575 exist7.090
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