A production department's beginning inventory cost includes $492,000 of conversion costs. This department incurs an additional $1,067,500 in conversion costs in the month of March. Equivalent units of production for conversion total 990,000 for March. Calculate the cost per equivalent unit of conversion using the weighted-average method. Cost per equivalent unit of conversion Choose Numerator Costs to be allocated Equivalent units of production Choose Denominator Cost per equivalent unit of production