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A production department reports the following conversion costs. Equivalent units of production for conversion total 4 3 8 , 0 0 0 units this period.

A production department reports the following conversion costs. Equivalent units of production for conversion total $438, 000$ units this

period. Calculate the cost per equivalent unit of production for conversion. The company uses the weighted average method.

Costs of beginning work in process $ $1, 167, 500$

Costs added this period

$930, 000$

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