Frozen Inc. adds materials at the beginning of the process in department USB. Conversion costs were 70% complete as to the 9,500 work-in-process units on September 1 and 40% incomplete as to the 7,000...

The total cost per equivalent unit for September under FIFO is:

Extracted text: Frozen Inc. adds materials at the beginning of the process in department USB. Conversion costs were 70% complete as to the 9,500 work-in-process units on September 1 and 40% incomplete as to the 7,000 work-in-process units on September 30. During September, 12,000 units were completed and transferred to the next department. An analysis of the cost relating to work-in-process on September 1 and to production activity for September is as follows: Work-in-process, September 1 Materials P10,000 P12,000 Conversion Costs Costs incurred during September Materials P45,000 Conversion Costs P60,000 The total cost per equivalent unit for September under FIFO is: