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Egglands Best uses a process cost system to manufacture sensors for their Egg Laying industry. The following information pertains to operations for the month of

Egglands Best uses a process cost system to manufacture sensors for their Egg Laying industry. The following information pertains to operations for the month of March:

Units

Beginning work-in-process inventory, March 1

12,600

Started production during March

115,500

Completed production during March

92,400

Ending work-in-process inventory, March 31

35,700

The beginning inventory was 65% complete for materials and 25% complete for conversion costs. The ending inventory was 80% complete for materials and 45% complete for conversion costs. Costs pertaining to the month of March are as follows:

Beginning inventory costs: materials = $46,200; conversion cost = $32,025 Costs incurred during March: materials used = $617,400; conversion cost = $655,200

Using the weighted average method, the equivalent unit conversion cost, rounded 2 decimal places, for March is?

Group of answer choices

$6.55

$6.34

$6.04

$5.68

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