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Pacheco Corporation uses the weighted - average method in its process costing system. The Molding Department is the second department in its production process. The
Pacheco Corporation uses the weightedaverage method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January.PercentComplete withRespect to ConversionBeginning work in process inventoryTransferred in from the prior department during JanuaryCompleted and transferred to the next department during JanuaryEnding work in process inventoryUnitsThe accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $ and a total of $ in conversion costs were incurred in the department during January. The cost per equivalent unit for conversion costs for January in the Molding Department is closest to:
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