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Larner Company Uses the Weighted-Average Method in Its Process Costing

question 9

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Larner Company uses the weighted-average method in its process costing system.Operating data for the first processing department for the month of June appear below: Larner Company uses the weighted-average method in its process costing system.Operating data for the first processing department for the month of June appear below:   According to the company's records,the conversion cost in beginning work in process inventory was $68,064 at the beginning of June.Additional conversion costs of $585,324 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round your answers to three decimal places. )  A)  $5.575. B)  $6.806. C)  $6.892. D)  $7.090. According to the company's records,the conversion cost in beginning work in process inventory was $68,064 at the beginning of June.Additional conversion costs of $585,324 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round your answers to three decimal places. )


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