Pacheco Corporation uses the weighted-average 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. Percent Complete with Units Respect to: Conversion. Beginning work in process inventory 5,700 70% Transferred in from the prior department during January 59,600 Completed and transferred to the next department during January Ending work in process inventory 57,400 7,900 40% The accounting records indicate that the conversion cost that had been assigned to beginning work in process inventory was $35,158 and a total of $559,854 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: Multiple Choice $9.575 $9.825 $9776 $8.531