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Lanjan Corporation uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:

Lanjan Corporation 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

% Complete - Conversion

Beginning work in process inventory

14,000

50%

Started into production during June

76,000

Ending work in process inventory

20,000

10%

According to the company's records, the conversion cost in beginning work in process inventory was $92,218 at the beginning of June. Additional conversion costs of $571,618 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)

a.

$9.410

b.

$7.521

c.

$5.954

d.

$9.220

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