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Assume the following information Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 290,000 $300,000

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Assume the following information Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 290,000 $300,000 Conversion Total $ 15,000 $25,000 385.000 675 , $400,000 $700,000 If the equivalent units of production for conversion is 5,000 units using the weighted average method, then what is the cost per equivalent unit for conversion? Multiple Choice $80 O $80 O O $77 $140 O $60

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