During September, the Filtering Department of Olive Company Had Beginning

Multiple Choice

During September, the Filtering Department of Olive Company had beginning transferred in units of 400 units with costs of $80,000. During the month, 800 units were transferred in from the Milling Department with transferred in costs of $200,000. It had 400 units in ending Work-in-Process Inventory. What is the cost per equivalent unit of production for the transferred in units transferred to the Finishing Department in September under the first-in, first-out (FIFO) method?

A) $275 per equivalent unit of production for transferred in
B) $200 per equivalent unit of production for transferred in
C) $75 per equivalent unit of production for transferred in
D) $167 per equivalent unit of production for transferred in