Andrews Corporation uses the weighted-average method of process costing. The following information is available for February in its Polishing Department:
Equivalent units of productionâdirect materials 124,000 EUP
Equivalent units of productionâconversion 107,200 EUP
Costs in beginning Work in Processâdirect materials $ 67,800 Costs in beginning Work in Processâconversion $ 49,800 Costs incurred in Februaryâdirect materials $ 572,900 Costs incurred in Februaryâconversion $ 719,500 The cost per equivalent unit of production for conversion is:
Multiple Choice
a. $12.06
b. $6.71
c. $7.18
d. $6.20
e. $5.98