Roy Company manufactures product X in a two-stage production cycle in Departments A and B. Direct materials are added at the beginning of the process in Department B. Roy uses the weighted average method. Conversion costs for Department B were 50% complete as to the 6,000 units in the beginning work-in-process inventory and 75% complete as to the 8,000 units in the ending work-in-process inventory. 12,000 units were completed and transferred out of Department B during February 19X1. An analysis of the costs relating to work-in-process (WIP) inventory and production activity in Department B for February 19X1 is as follows: mk45

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COSTS Direct Transferred in materials Conversion WIP, February 1: costs attached February activity: costs added $12,000 29,000 $2,500 $1,000 5,500 5,000 The total cost per equivalent unit transferred out for February 19X1 of product X, rounded to the nearest penny was a $2.75 b $2.78 C $2.82 d $2.85