Current Attempt in Progress Concord Company decided to analyze certain costs for June of the current year. Units started into production equaled 27000 and ending work in process equale 3500 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 20 % complete and total conversion costs equaled $135520? O $4.44. O $2.80. $5.60. e $5.02.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Current Attempt in Progress
Concord Company decided to analyze certain costs for June of the current year.
Units started into production equaled 27000 and ending work in process equale
3500 units. With no beginning work in process inventory, how much is the
conversion cost per unit if ending work in process was 20 % complete and total
conversion costs equaled $135520?
O $4.44.
O $2.80.
$5.60.
e $5.02.
Transcribed Image Text:Current Attempt in Progress Concord Company decided to analyze certain costs for June of the current year. Units started into production equaled 27000 and ending work in process equale 3500 units. With no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 20 % complete and total conversion costs equaled $135520? O $4.44. O $2.80. $5.60. e $5.02.
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