Mehboob Corporation uses the weighted-average method in its process costing system. The first processing department, the ‘Department A’, started in June with 20,000 units in its beginning work in process inventory that were 80% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was Rs. 122,716. An additional 65,000 units were started into production during June. There were 19,000 units in the ending work in process inventory of the ‘Department A’ that were 10% complete with respect to conversion costs. A total of Rs. 389,250 in conversion costs were incurred in the department during the month.   The cost per equivalent unit for conversion costs for the mont

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter3: Process Cost Systems
Section: Chapter Questions
Problem 4CMA: A company is using process costing with the first-in, first-out (FIFO) method, and all costs are...
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Mehboob Corporation uses the weighted-average method in its process costing system. The first processing department, the ‘Department A’, started in June with 20,000 units in its beginning work in process inventory that were 80% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was Rs. 122,716. An additional 65,000 units were started into production during June. There were 19,000 units in the ending work in process inventory of the ‘Department A’ that were 10% complete with respect to conversion costs. A total of Rs. 389,250 in conversion costs were incurred in the department during the month.

 

The cost per equivalent unit for conversion costs for the month is closest to:

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