Question: Overboard Corporation uses the FIFO method in its process costing system n the Cutting Department in June, units were 8 complete with respect to conversion

Overboard Corporation uses the FIFO method in its process costing system

Overboard Corporation uses the FIFO method in its process costing system n the Cutting Department in June, units were 8 complete with respect to conversion in the ending work in process inventory. Other data for the department for June follow % complete with respect to conversion n the beginnin work in ocess mentor and 5 Conversion Beginning work in process inventory Units started into production, and costs incurred during the month Units completed and transferred out Units Cost 20,000 29,000 158,000 $217,800 138,808 The cost per equivalent unit for conversion cost is closest to: Multiple Choice $175 O s151 $145 $1.98

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