Multiple Choice
Marten Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below: 
According to the company's records, the conversion cost in beginning work in process inventory was $83,600 at the beginning of September. Additional conversion costs of $427,682 were incurred in the department during the month. The cost per equivalent unit for conversion costs for September is closest to: (Round off to three decimal places.)
A) $5.498
B) $5.779
C) $5.620
D) $5.500
Correct Answer:
Verified
Correct Answer:
Verified
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