370A 650 Seved Help Save On January 18, 2019, Jim-N-John Inc. had a Beginning Work-in-process balance of $22,000 ($12,000 of Direct Materials and $10,000 of Conversion) which consisted of 4.000 units which were 40% complete with respect to conversion costs. During January, Jim-N-John started production on an additional 20,000 units and incurred $30,000 in Materials and $50,000 in Conversion costs. Jm.N. John's Ending Work-In-Process consisted of 6,000 units which were 50% complete with respect to conversion costs. Jim-N-John produces a single product. All direct materials are added at the start of the production process while conversion costs are incurred uniformly. Jim N John uses a weighted average process costing system. What is Jim-N-John's cost per equivalent unit with respect to conversion costs for January? Multiple Choice $100 $133 $2.00 O