Following is a partial process cost summary for Mitchell Manufacturing's Canning Department.Equivalent Units of ProductionDirect Materials Conversion Units Completed and transferred out 50,000 50,000 Units in Ending Work in Process: Direct Materials (15,000 × 100%) 15,000 Conversion (15,000 × 80%) 12,000 Equivalent Units of Production 65,000 62,000 Cost per Equivalent Unit Costs of beginning work in process $40,500 $59,700 Costs incurred this period 136,000 183,100 Total costs $176,500 $242,800 Cost per equivalent unit $2.71per EUP $3.92per EUP The total conversion costs transferred out of the Canning Department equals:
A. $176,150.
B. $183,100.
C. $243,040.
D. $196,000.
E. $242,800.
Answer: D
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