Reference no: EM132956256

Question - A company uses the weighted average method for inventory costing. At the start of a period the production department had 46,000 units in beginning Work in Process inventory which were 37% complete; the department completed and transferred 172,000 units. At the end of the period, 19,000 units were in the ending Work in Process inventory and are 72% complete. The production department had conversion costs in the beginning goods is process inventory of $94,000 and total conversion costs added during the period are $726,725. Compute the conversion cost per equivalent unit.