Percent Complete with
		Units	Respect to Conversion
Beginning work in process inventory	..	11,000	50%
Stared into production during June	..	98,000
Ending work in process inventory	..	21,000	80%

Loll Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear above: According to the company's records, the conversion cost in beginning work in process inventory was $46,915 at the beginning of June. Additional conversion costs of $825,183 were incurred in the department during the month.

What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)

	a.	$8.420
	b.	$6.934
	c.	$8.530
	d.	$8.322

		Percent Complete with
		Units	Respect to Conversion
Beginning work in process inventory	..	11,000	50%
Stared into production during June	..	98,000
Ending work in process inventory	..	21,000	80%

Loll Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear above: According to the company's records, the conversion cost in beginning work in process inventory was $46,915 at the beginning of June. Additional conversion costs of $825,183 were incurred in the department during the month.

What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places.)

	a.	$8.420
	b.	$6.934
	c.	$8.530
	d.	$8.322