Maccari Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below: UnitsPercent Complete with Respect to ConversionBeginning work in process inventory24,00080%Transferred in from the prior department during September61,000 Ending work in process inventory10,00060% According to the company's records, the conversion cost in beginning work in process inventory was $61,824 at the beginning of September. Additional conversion costs of $206,412 were incurred in the department during the month.The cost per equivalent unit for conversion costs for September is closest to: (Round off to three decimal places.)
A. $3.156
B. $3.220
C. $3.340
D. $3.384
Answer: C
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