A company uses the weighted average method for inventory costing. At the start of a period the production department had 56,000 units in beginning work in Process inventory which were 32% complete; the department completed and transferred 167,000 units. At the end of the period, 14,000 units were in the ending Work in Process inventory and are 67% complete. The production department had conversion costs in the beginning goods is process inventory of $89,000 and total conversion costs added during the period are $726,600. Compute the conversion cost per equivalent unit. Multiple Choice $4.26. $4.83. $4.47 $4.68. $4.62