Nebraska Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 35,000 units in its beginning work-in-process inventory that were 30% complete with respect to conversion costs. The conversion cost in this beginning work-in-process inventory was $61,820. An additional 107.000 units were started into production during the month. There were 38,000 units in the ending work-in-process inventory of the Welding Department that were 20% complete with respect to conversion costs. A total of $847.970 in conversion costs were incurred in the department during the month What would be the cost per equivalent unit for conversion costs for the month? (Round your answer to 3 decimal places.) Multiple Choice $8.740 $8.152 O $7.925 $5.547