Garrison Company adds direct materials at the beginning of the process and adds conversion costs throughout the process. Data for the Shaping Department follows: 
The cost per equivalent unit for conversion costs would be closest to
Definitions:
Simple Rate Of Return
A method to calculate the profitability of an investment by dividing the annual incremental net operating income by the initial investment cost.
Straight-Line Depreciation
A method of calculating the depreciation of an asset by evenly spreading its cost over its useful life.
Salvage Value
The estimated resale value of an asset at the end of its useful life, taken into consideration for depreciation calculations.
Net Present Value
A financial metric that calculates the value of a projected income stream in today's dollars, net of the initial investment.
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