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Weiss Company Weiss Company adds material at the start of production. The following production information is...

Weiss Company
Weiss Company adds material at the start of production. The following production information is available for September:

Beginning Work in Process Inventory
(45% complete as to conversion) 10,000 units
Started this period 120,000 units
Ending Work in Process Inventory
(80% complete as to conversion) 8,200 units
Beginning Work in Process Inventory Costs:
Material $24,500
Conversion 68,905
Current Period Costs:
Material $75,600
Conversion 130,053


Refer to Weiss Company. What is the conversion cost per equivalent unit using the FIFO method?

Select one:

a. $1.61

b. $1.05

c. $0.95

d. $1.55

Business   Accounting   
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