A company uses the weighted average method for inventory costing. At the start of a period the production department had 40,000 units in beginning Work in Process inventory which were 50% complete; the department completed and transferred 175,000 units. At the end of the period, 32,000 units were in the ending Work in Process inventory and are 85% complete. The production department had conversion costs in the beginning goods is process inventory of $97,000 and total conversion costs added during the period are $726,800. Compute the conversion cost per equivalent unit. Multiple Choice $4.28. $4.13. $3.71. $4.07. $3.92