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Larner 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:

Larner 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: image text in transcribed According to the company's records, the conversion cost in beginning work in process inventory was $68,064 at the beginning of June. Additional conversion costs of $585,324 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.)

$6.892

$6.806

$5.575

$7.090

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