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choices: 2.87 2.79 3.02 3.60 3.12 Richards Corporation uses the weighted average method of process costing. The following information is available for October in its

image text in transcribedchoices:

2.87

2.79

3.02

3.60

3.12

Richards Corporation uses the weighted average method of process costing. The following information is available for October in its Fabricating department: 2 Direct materials Percent Complete 70% Conversion Percent Complete 20% Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Units 90,000 270,000 360,000 35,000 40% 15% Production cost information for the Fabricating department follows. $ 108,760 89,700 $ 198,460 Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 759,920 1,015, 100 1,775,020 Calculate the cost per equivalent unit for conversion. a

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