Hardouin Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 22,000 units in its beginning work in process inventory that were completed and transfered out. The conversion cost in this beginning work in process inventory was $23,320. An additional 97,000 units were started into production during the month and 101,000 units were completed in the Welding Department and transferred to the next processing department. There were 18,000 units in the ending work in process inventory of the Welding Department that were 40% complete with respect to conversion costs. A total of $529,380 in conversion costs were incurred in the department during the month.
What would be the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)
		A.	5.300	NO
		B.	5.458	NO
		C.	4.603	NO
		D.	5.108	YES
Worksheet to use:
		Conversion
	Physical Units	% Complete	EUP
BWIP						UNITS
S/C					TO
EWIP					(BWIP)
EUP =					= S/C
					-OR-
Costs:					STARTED
Beginning					(EWIP)
Started (Added this period)					= S/C
Costs to Account for:
Cost per EU
TO
EWIP
Costs Accounted for: