Multiple Choice
Malaviya Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below: 
According to the company's records, the conversion cost in beginning work in process inventory was $63,104 at the beginning of September. Additional conversion costs of $654,240 were incurred in the department during the month.
What would be the cost per equivalent unit for conversion costs for September? (Round off to three decimal places.)
A) $8.060
B) $9.280
C) $9.087
D) $9.400
Correct Answer:
Verified
Correct Answer:
Verified
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