Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding department:

Production cost information for the Molding department follows.

Calculate the cost per equivalent unit of conversion.

Multiple Choice

$$3\mathrm{.}35$

$$4\mathrm{.}07$

$$5\mathrm{.}00$

$$3\mathrm{.}20$

$$2\mathrm{.}41$