Lucas Corporation uses the weighted-average method in its process costing system.

Beginning work in process inventory:
Units in beginning work in process inventory	900
Materials costs	$9,600
Conversion costs	$7,700
Percentage complete with respect to materials	60%
Percentage complete with respect to conversion	45%
Units started into production during the month	8,100
Units transferred to the next department during the month	6,900
Materials costs added during the month	$115,800
Conversion costs added during the month	$120,500
Ending work in process inventory:
Units in ending work in process inventory	2,100
Percentage complete with respect to materials	75%
Percentage complete with respect to conversion	20%

Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places.

Reference: 4-10

The cost per equivalent unit for conversion costs for the first department for the month is closest to:

		$18.39
		$16.46
		$17.51
		$14.24