Sheffield company decided to analyze certain costs for june of the current year. units started into production equaled 13700 and ending work in process equaled 2000 units. with no beginning work in process inventory, how much is the conversion cost per unit if ending work in process was 20% complete, total conversion costs equaled $65340, and conversion costs were applied uniformly throughout production?
a. $5.40.
b. $4.16.
c. $2.70.
d. $5.58.

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?