NUBD Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below. Percent Complete with Respedt Units to...


What would be the cost per equivalent unit for conversion costs for September? (Round off to three decimal places.)


NUBD Corporation uses the FIFO method in its process costing system. Operating data for the<br>Casting Department for the month of September appear below.<br>Percent<br>Complete<br>with Respedt<br>Units to Conversion<br>17,000<br>Beginning work in process inventory.<br>Transferred in from the prior de partment during September 50,000<br>Ending work in process inventory.<br>10%<br>17,000<br>40%<br>According to the company's records, the conversion cost in be ginning work in process inventory<br>was P3,434 at the beginning of September. Additio nal conversion costs of P117,914 were incured<br>in the department during the month.<br>

Extracted text: NUBD Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below. Percent Complete with Respedt Units to Conversion 17,000 Beginning work in process inventory. Transferred in from the prior de partment during September 50,000 Ending work in process inventory. 10% 17,000 40% According to the company's records, the conversion cost in be ginning work in process inventory was P3,434 at the beginning of September. Additio nal conversion costs of P117,914 were incured in the department during the month.

Jun 01, 2022
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