(Appendix 4A)Marten Company Uses the FIFO Method in Its Process

question 119

Multiple Choice

(Appendix 4A) Marten Company 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.
What would be the cost per equivalent unit for conversion costs for September on the Casting Department's production report? (Round off to three decimal places.)

• A) $5.498.
• B) $5.779.
• C) $5.620.
• D) $5.500.

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Definitions:

Communication Accommodation

The adjustment of one's communication style to match or diverge from the other person's style in an interaction to facilitate understanding or social approval.

Appropriation

involves the adoption of elements from one culture by another, often without permission or acknowledgment of the original source.

Self-Centering

The practice or tendency to focus on oneself and one's own needs, often at the expense of others.

Adaptation

The process of adjusting or changing to fit new conditions or environments, often through learning or evolution.