Malone Company had no beginning inventory and adds all materials
Malone Company had no beginning inventory and adds all materials at
the very beginning of its only process. Assume 10,000 units were started, and 5,000 units completed. Ending work in process is 75% . The cost per equivalent unit of conversion is __________
$1.00 if total conversion cost is $7,000
$1.00 if total conversion cost is $6,000
$1.00 if total conversion cost is $8,750
$1.00 if total conversion cost is $5,400
none of these