Question: 16.Target Inc. uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:

16.Target Inc. uses the weighted-average method in its process costing system. Operating data for the first processing department for the month of June appear below:

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? (Round off to three decimal places.)

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