Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 4 - Process Costing - The Foundational 15 - Required - Page 162: 9

Answer

5

Work Step by Step

Cost per equivalent unit for conversion = The cost of beginning work in process inventory plus the cost added during the period for conversion ÷ equivalent unit of production = 188,500 ÷ 37,700 = 5
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