Sumter Company uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month
Work in process, beginning:
Units in process...6,000
Percent complete with respect to materials...60%
Percent complete with respect to conversion...20%
Costs in the beginning inventory:
Materials cost...$78,200
Conversion cost...$3,600
Units started during the month...?
Units completed and transferred out during the month...70,000
Costs added to production during the month:
Materials cost...$286,600
Conversion cost...$216,000
Work in process, ending:
Units in process...8,000
Percent complete with respect materials...75%
Percent complete with respect to conversion...25%
What was the cost per equivalent unit for conversion during the month?