Answer:
the cost per equivalent unit of conversion is $3.49
Explanation:
The computation of the cost per equivalent unit of conversion is as follows;
= Total conversion cost ÷ equivalent units
where
total conversion cost is $608,150
And, the equivalent units is
= 162,000 units × 100% + 34,500 units × 35%
= 162,000 units + 12,075 units
= 174,075 units
Now the cost per equivalent unit of conversion is
= $608,150 ÷ 174,075 units
= $3.49 per unit
Hence, the cost per equivalent unit of conversion is $3.49
This is the answer but the same is not provided in the given options
