Multiple Choice
Overhill Corporation uses the FIFO method in its process costing system. In the Cutting Department in June, units were 80% complete with respect to conversion in the beginning work in process inventory and 25% complete with respect to conversion in the ending work in process inventory. Other data for the department for June follow: 
The cost per equivalent unit for conversion cost is closest to:
A) $1.48
B) $1.50
C) $1.16
D) $1.82
Correct Answer:
Verified
Correct Answer:
Verified
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