A production department's beginning inventory cost includes $460,000 of conversion costs. This department Incurs an additional $1,187,500 in conversion costs in the month of March. Equivalent units of production for conversion total 980,000 for March. Calculate the cost per equivalent unit of conversion using the weighted average method. Choose Numerator Costs to be allocated Cost per equivalent unit of conversion Choose Denominator Equivalent units of production Cost per equivalent unit of production