Freddie Company adds direct materials at the beginning of the process and adds conversion costs throughout the

process. Data for the Finishing Department​ follows:

​WIP, April 1

9 comma 000

9,000 units

Transferredminus

−in costs in​ WIP, April 1

​$79,940

Direct materials​ (100%) in​ WIP, April 1

​$24,420

Conversion costs ​(70

70​%) in​ WIP, April 1

$ 26 comma 400

$26,400

Units transferredminus

−in

51 comma 000

51,000

Transferredminus

−in costs during April

​$550,900

Units completed

43 comma 000

43,000

April direct materials cost

​$155,500

April conversion costs

$ 239 comma 250

$239,250

​WIP, April 30

17 comma 000

17,000 units

​(100% for materials and 20

20​% for conversion​ costs)

The cost per equivalent unit for conversion costs would be closest to

A.

$ 4.43

B.

$ 5.73

C.

$ 4.84

D.

$ 5.93

 

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