Kansas Company uses the weighted-average method in its process costing system. Operating data...
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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: Percent Complete with Respect to Conversion 50% Beginning work-in-process inventory Started into production during June Ending work-in-process inventory Units 15,000 108,000 29,000 80% According to the company's records, the conversion cost in beginning work-in-process Inventory was $62.915 at the beginning of June. Additional conversion costs of $837,183 were incurred in the department during the month. What was the cost per equivalent unit for conversion costs for the month? (Round your answer to 3 decimal places.) Multiple Choice $8.810 O O $7.154. O $7.680 $8.700 O
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