Q6

Company manufactures motors for treadmills. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. ChloeTan Company uses first-in-first-out (FIFO) method of process costing.

Data for the Assembly Department for September 2021 are:

Work in process, beginning inventory 304 units

Direct materials (100% complete)

Conversion costs (40% complete)

Units started during September 1,095 units

Work in process, ending inventory: 265 units

Direct materials (100% complete)

Conversion costs (85% complete)

What is the conversion costs per equivalent unit for the month of September 2021? (Round the final answer to 2 decimal places.)