Injection Molding, Inc. manufactures plastic moldings for car seats. Its costing system utilizes two cost categories; direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.

Data for Department A for February 20X1 are:

Work-in-process, beginning inventory, 40% converted 2,000 units

Units started during February 6,000 units

Work-in-process, ending inventory 70% complete as

to conversion 1,000 units

costs, 100% complete as to materials.

Costs for the Department A for February 20X1 are:

Work-in-process, beginning inventory:

Direct materials $100,000

Conversion costs $90,000

Direct materials costs added during February $800,000

Conversion costs added during February $1,100,000

Assuming equivalent units of conversion costs is 7,000 units (note this is not the answer for the above question) at the end of February. Assume Injection Molding Inc. uses the First In First Out (FIFO) process costing method, what is the conversion cost per equivalent unit (rounded to the nearest dollar)?

$114

$271

$170

$157

$129