Multiple Choice
Qik Corporation uses the FIFO method in its process costing system.Operating data for the Cutting Department for the month of March appear below: 
According to the company's records,the conversion cost in beginning work in process inventory was $45,662 at the beginning of March.Additional conversion costs of $305,576 were incurred in the department during the month. The cost per equivalent unit for conversion costs for March is closest to:
A) $5.77
B) $5.72
C) $5.91
D) $6.04
Correct Answer:
Verified
Correct Answer:
Verified
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