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Kansas Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear
Kansas Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below: Units Beginning work-in-process inventory 14,200 Percent Complete with Respect to Conversion 50% Started into production during June Ending work-in-process inventory 106,000 27,400 80% According to the company's records, the conversion cost in beginning work-in-process inventory was $59,715 at the beginning of June. Additional conversion costs of $834,783 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round your answer to 3 decimal places.) Multiple Choice $7.110. $8.644. $7.797. $8.754.
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