Andrews Corporation uses a process costing system for manufacturing. The following information is available for the February in its Polishing Department:Equivalent units of production-direct materials 110,000 EUPEquivalent units of production-conversion 95,000 EUPCosts in beginning Work in Process-direct materials $49,000Costs in beginning Work in Process-conversion $36,000Costs incurred in February-direct materials $414,000Costs incurred in February-conversion
The cost per equivalent unit of production for conversion is:A. $9.26B. $4.21C. $5.85D. $5.05E. $4.97
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