Direct materials Percent Complete 705 Conversion Percent Complete 25 Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Units 97,000 267,000 364,000 38,500 405 10 Production cost Information for the Fabricating department follows. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 115,70 96,700 $ 212, 460 $ 851,800 1,026,020 $ 1,877,820 Calculate the cost per equivalent unit for conversion