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Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 298,000 $300,000 Conversion $ 15,000 385.000

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Milling Department Cost of beginning work in process inventory Costs added during the period Total cost Materials $ 10,000 298,000 $300,000 Conversion $ 15,000 385.000 $400,000 Total $ 25,000 683,000 $708,000 If the equivalent units of production for materials is 6,000 units using the weighted average method, then what is the cost per equivalent unit for materials? Multiple Choice $49.67 $66.67 $51.33 $118.00

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