Reference no: EM132796067

TB MC Qu. 5S-69 Ozdemir Corporation uses the FIFO method in. Ozdemir Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the most recent month are listed below:

Beginning work in process inventory:

Units in beginning work in process inventory 200

Materials costs $ 1,800

Conversion costs $ 600

Percent complete with respect to materials 55 %

Percent complete with respect to conversion 10 %

Units started into production during the month 5,000

Units transferred to the next department during the month 4,500

Materials costs added during the month $ 74,800

Conversion costs added during the month $ 128,800

Ending work in process inventory:

Units in ending work in process inventory 700

Percent complete with respect to materials 85 %

Percent complete with respect to conversion 70 %

Problem 1: The cost per equivalent unit for materials for the month in the first processing department is closest to: