Question: 5 points Aqua Corporation uses the weighted average method in its process costing system. Cost data for its work in process department follow. Materials Conversion

 5 points Aqua Corporation uses the weighted average method in its

5 points Aqua Corporation uses the weighted average method in its process costing system. Cost data for its work in process department follow. Materials Conversion Beginning work in process $67,000 $48.000 Costs added during the period $325,000 $225,000 Assuming equivalent units of production for materials are 30,000 and for conversion are 10,000, the cost per equivalent unit for conversion during the period is closest to: $6.88 $3.41 OOOO $6,05 $2.81

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