(Appendix 6A)Marten Company Uses the FIFO Method in Its Process

question 7

Multiple Choice

(Appendix 6A) 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.

---

Definitions:

Conditioning

Conditioning is a process of behavior modification by which a subject comes to respond in a desired manner to a previously neutral stimulus.

Stimulus Presentation

The act of introducing a stimulus to a subject's sensory medium (e.g., visual, auditory) to provoke a response or examine the subject's behavior in psychological experiments.

Schedule of Reinforcement

A plan or strategy in behavioral psychology for determining which responses will be reinforced to shape or modify behavior.

Partial Reinforcement

A conditioning strategy in which a reward is not administered every time the desired behavior is performed, often leading to more resistant behavior change.