Annenbaum Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 1,700 units. The costs and percentage completion of these units in beginning inventory were:

	Cost				Percent Complete
Materials costs	$	7,000				65%
Conversion costs	$	8,100				45%

A total of 9,100 units were started and 7,200 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month:

CostMaterials costs $126,800

Conversion costs. $208,300

The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs.

The cost per equivalent unit for conversion costs for the first department for the month is closest to:

Multiple Choice

• $19.55

• $24.48

• $21.68

• $25.58