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6) Paceheco Corporation uses the weighted-average method in its process costing system. 6) The Molding Department is the second department in its production process. The

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6) Paceheco Corporation uses the weighted-average method in its process costing system. 6) The Molding Department is the second department in its production process. The data below summarize the department's operations in January Percent Complete with Respect to Conversion Units Beginning work in process inventory 5150 70 % Completed and transferred to the next department during January Ending work in process inventory 56,850 7350 40% The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $34,608 and a total of $559,304 in conversion costs were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is closest to: A) S8.443 B) $9.933 C) $9.487 D) $9.688

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