Frozen Britain, Co. is an ice cream sandwich manufacturer that uses the weighted-average method of process costing. The following information is available for February in its Blending Department: Physical Units: Beginning WIP Inventory: 37,200 units, 60% complete as to materials and 20% complete as to conversion. Units started during the period: 151,300

Units completed and transferred out to the next department (Freezing Department): 156,700 Ending WIP Inventory: 31,800 units, 75% complete as to materials and 60% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $73,920 Costs in beginning Work in Process - Conversion: $100,924 Costs incurred in February - Direct Materials: $590,992 Costs incurred in February - Conversion: $663,820 Calculate the cost per equivalent unit of production with respect to conversion costs (rounded to two decimals).

	a.	$3.68
	b.	$4.35
	c.	$6.76
	d.	$4.06
	e.	$4.70