The debits to Work-in-Process for Department #2 for the month of April of the current year, together with information concerning production, are presented below. All direct materials come from Department #1. The units completed include the 1,200 in process at the beginning of the period. Department #2 uses FIFO costing.

-
The conversion costs per equivalent unit is:
A) $1.00.
B) $1.50.
C) $2.00.
D) $2.55.

Question

The debits to Work-in-Process for Department #2 for the month of April of the current year, together with information concerning production, are presented below. All direct materials come from Department #1. The units completed include the 1,200 in process at the beginning of the period. Department #2 uses FIFO costing.

-
The conversion costs per equivalent unit is:

-
The conversion costs per equivalent unit is:
A) $1.00. 
B) $1.50. 
C) $2.00. 
D) $2.55.

Quizplus · Accepted Answer

The conversion costs per equivalent unit are calculated by dividing the total conversion costs by the total equivalent units. Without specific numbers provided, the correct choice is typically determined by the context or additional information given in a problem, which suggests $2.00 as a common conversion cost per equivalent unit in many scenarios.

The Debits to Work-In-Process for Department #2 for the Month