Mullins Corporation uses the first-in, first-out method in its process costing system. Data concerning the first processing department for the most recent month are listed below: The cost per equivalent unit for conversion costs for the first department for the month is closest to:
A) $48.79
B) $45.20
C) $44.68
D) $43.05

Question

Mullins Corporation uses the first-in, first-out method in its process costing system. Data concerning the first processing department for the most recent month are listed below:  The cost per equivalent unit for conversion costs for the first department for the month is closest to:
A) $48.79 
B) $45.20 
C) $44.68 
D) $43.05

Quizplus · Accepted Answer

The Answer of Mullins Corporation uses the first-in, first-out method in its process costing system. Data concerning the first processing department for the most recent month are listed below:  The cost per equivalent unit for conversion costs for the first department for the month is closest to:
A) $48.79 
B) $45.20 
C) $44.68 
D) $43.05

Mullins Corporation Uses the First-In, First-Out Method in Its Process