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QUESTIONS Arizaga Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department,...

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QUESTIONS Arizaga Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fiberglass panels are attached to a cance shaped aluminum frame. The cances are then transferred to the Waterproofing department to be coated with sealant. Arteaga uses a weighted average process cost system to collect costs in both departments. On July 1, the Waterproofing Department had 510 canoes in process that were not yet completed. On July 31, Waterproofing 620 cances still in process. During July the Fabrication Department completed 6,700 canoes and transferred them to the Waterproofing Department On July 31, it was determined that the Waterproofing Department was 20% complete with respect to conversion cost for the 620 canoes still in process. If the total cost of production for conversion during July was $20,142 in the Waterproofing Department, wat is the cost per equivalent unit for conversion? $162.44 52 52.95 $3 None of the above

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