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What is the conversion cost per equivalent unit

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Question - Leona Enterprises adds material at the start of production. The following production information is available for March:

Beginning work in process inventory (45% completed to conversion) 2,450 units

Started this period 56,000 units

Ending work in process inventory (40% completed to conversion) 18,200 units

Beginning Work in Process Inventory Costs:

Material $32,000

Conversion $74,000

Current Period Costs:

Material $298,243

Conversion $89,979

Required - Refer to Leona Enterprises. What is the conversion cost per equivalent unit using the weighted average method?

Reference no: EM132494273

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