Kansas Company uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:
Units Percent Complete
Beginning work-in-process inventory 14,000 50 %
Started into production during June 105,500
Ending work-in-process inventory 27,000 80 %
According to the company's records, the conversion cost in beginning work-in-process inventory was $58,915 at the beginning of June. Additional conversion costs of $834,183 were incurred in the department during the month.
What was the cost per equivalent unit for conversion costs for the month?
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