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What is the conversion cost per equivalent unit

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Question - The Nazareth Company's mixing department incurred conversions costs of $650,820 during January, after recording a beginning Work in Process inventory of $30,430 for conversion costs. Fifty-four thousand units were transferred out of the department and the ending inventory consisted of 2,500 units that are 20% complete with respect to conversion. What is the conversion cost per equivalent unit?

$12.50

$12.05

$12.17

$12.62

Reference no: EM131822137

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