Larner Corpotarion uses the weighted average method process costing system. Operating data for the first processing department for the month of June appear below: 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 were $585,324 were incurred in the department during the month. The cost per equivalent unit for conversion for the month is closest to?

Larner Corporation uses the weighted-average method in lts process costing system Operating data for the first proce Percent Complete with Respect to Conversion Unlts 40% Started into production during June86,000 Ending work in process inventory 19,000 20% According to the companys records, the conversion cost in beginning work in process inventory was $68,064 at the beg The cost per equivalent unit for conversion costs for the month is closest to: O $6892 $6 806 O $5.575 O $7090