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Business, 06.05.2020 04:33 pcruznoel6624

Kansas Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:

Units Percent Complete
Beginning work-in-process inventory 14,000 50 %
Started into production during June 105,500
Ending work-in-process inventory 27,000 80 %

According to the company's records, the conversion cost in beginning work-in-process inventory was $58,915 at the beginning of June. Additional conversion costs of $834,183 were incurred in the department during the month.

What was the cost per equivalent unit for conversion costs for the month?

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