Bentwood Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

\begin{array}{lrr}\text { Beginning work-1n-process inventory: }\\\text { Units in beginning work-in-process inventory } & 900 \\\text { Materials costs } & \$ 17,100 \\\text { Conversion costs } & \$ 10,200 \\\text { Percent complete with respect to materials } & 70 \% \\\text { Percent complete with respect to conversion } & 25 \% \\\text { Units started into production during the month } & 7,300 \\\text { Units transferred to the next department during the month }& 6,100 \\\text { Materials costs added during the month } & \$ 148,200 \\\text { Conversion costs added during the month }&\$247,500 \\\text { Ending work-in-process inventory: } & \\\text { Units in ending work-in-process inventory } & 2,100 \\\text { Percent completewith respect to materials } & 80 \% \\\text { Percent complete with respect to conversion } & 35 \%\end{array}

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The cost per equivalent unit for conversion costs for the first department for the month is closest to: (Round your answer to 2 decimal places.)
A) $40.57.
B) $45.33.
C) $39.31.
D) $37.44.

Which of the Following Statements Is(are) False

Multiple Choice

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