The conversion costs per equivalent units is

Question

Quizplus · Accepted Answer

Total conversion costs = Direct labor costs + Manufacturing overhead costs
Equivalent units for conversion costs = Units completed and transferred out + Equivalent units in ending work in process inventory

Total conversion costs = $57,200
Equivalent units for conversion costs = 28,400 ($17,000 + 11,400)

Conversion costs per equivalent unit = Total conversion costs / Equivalent units for conversion costs = $57,200 / 28,400 = $2.00 per equivalent unit. Therefore, the best choice is C.

The Conversion Costs Per Equivalent Units Is