Weston Company uses the FIFO method in its process costing system. The first processing department, the Welding Department, started the month with 18,000 units in its beginning work in process inventory that were 50 percent complete with respect to conversion costs. The conversion costs in the beginning work in process inventory were $52,200. An additional 55,000 units were started into production during the month. There were 16,000 units in the ending work in process inventory of the Welding Department that were 20 percent complete with respect to conversion costs. A total of $284,160 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month on the department's process cost report? (Round to three decimal places.) a. $5.550 b. $4.608 c. $5.800 d. $5.167

Beginning Work in Process Inventory on June 1: 3,000 units—100 percent complete as to direct materials

75 percent complete as to conversion costs

Units Started During June: 12,000 units

Ending Work in Process Inventory on June 30: 2,500 units—100 percent complete as to direct materials

40 percent complete as to conversion costs

Beginning work in process

Units started Units transferred out Ending work in process

Units

26,000   (70 percent complete for conversion costs)

180,000 191,000

15,000   (60 percent complete for conversion costs)