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A production departments beginning inventory cost includes $456,000 of conversion costs. This department incurs an additional $1,177,500 in conversion costs in the month of March.

A production departments beginning inventory cost includes $456,000 of conversion costs. This department incurs an additional $1,177,500 in conversion costs in the month of March. Equivalent units of production for conversion total 750,000 for March.

Calculate the cost per equivalent unit of conversion using the weighted-average method.

Cost per Equivalent unit of conversion
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Cost per unit of production

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