A company uses the weighted average method for Inventory costing. At the start of a period the production department had 58,000 units in beginning work in Process inventory which were 31% complete: the department completed and transferred 166,000 units. At the end of the period, 13,000 units were In the ending work in Process Inventory and are 66% complete. The production department had conversion costs In the beginning work in process inventory of exist88,000 and total conversion costs added during the period are exist726, 575. Compute the conversion cost per equivalent unit. exist4.73. exist4.31. exist4.67. exist4.52. exist4.88