Question: March 1 2019 Aco has beginning WIP inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. During the month 34,000 unites were started. At the end on the month all started units were 55% complete with respect to conversion. Direct Materials placed into production had a total cost of $300,000 and total conversion costs for the month was $290,000. Aco uses the weighted-average process costing method
Determine cost per equivalent unit of conversion for the month of March.
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