Lumb Corpotarion uses he weighted average method in its processing costing system. Data concerning the first processing department for the most recent month are listed below:

The cost owe equivalent unit for conversion costs for the first month is closest to?

Lumb Corporation uses the weighted-average method In its process costing system. Data concerning the first processing Beginning work in process inventory Units in beginning work in process inventory Materials costs Conversion costs Percent complete with respect to materials Percent complete with respect to conversion Units started into production during the month Units transferred to the next department during the month Materials costs added during the month Conversion costs added during the month Ending work in process inventory 200 $2,800 $2,600 7,900 7.400 $166,000 $261,000 Units in ending work in its in ending work in process inventory Percent complete with respect to materials Percent complete with respect to conversion 700 85% Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the clos The cost per equivalent unit for conversion costs for the first department for the month is closest to o $3588 O $32.54 O $3417 O $33.83