Question two [1 Mark] FIFO Al Dhafra Corporation uses the first-in first-out method in its process costing system. The Welding Department started the month with 18,000 units in its beginning work in process inventory that were 10% complete with respect to conversion costs and 90% complete with regard to material costs. The conversion cost in this beginning work in process inventory was $16,200 while material cost one was $18,000. 84,000 units were started into production during the month. There were 17,000 units in the ending work in process that were 70% complete with respect to conversion costs and 60% complete in respect to direct materials. A total of $836,880 in conversion costs and $950,000 in material costs were incurred in the department during the month. Required Compute the cost per equivalent unit for conversion costs for the month. CC