The Mixing Department of XYZ Company provides the following…
The Mixing Department of XYZ Company provides the following information for June 2025: Units: Beginning work-in-process (WIP): 5,000 units (100% complete for materials, 40% complete for conversion) Units started during June: 20,000 units Ending work-in-process: 3,000 units (100% complete for materials, 50% complete for conversion) Costs: Beginning WIP costs: Materials: $10,000 Conversion: $8,000 Costs added during June: Materials: $40,000 Conversion: $60,000 Assume the weighted-average method is used for all calculations. Given the foregoing, what is the cost per equivalent unit for conversion costs in the Mixing Department for June?