Kansas Company uses the weighted-average method in its proce…
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: UnitsPercent Complete with Respect to ConversionBeginning work-in-process inventory11,00050%Started into production during June98,000 Ending work-in-process inventory21,00080%According to the company’s records, the conversion cost in beginning work-in-process inventory was $46,915 at the beginning of June. Additional conversion costs of $825,183 were incurred in the department during the month.What was the cost per equivalent unit for conversion costs for the month?