A company uses the weighted-average method for inventory costing. At the beginning of the period, it reported the following data: Conversion Percent Complete 40% Beginning work in process inventory Units started this period Units completed and transferred out Ending work in process inventory Units 20,000 167,000 165,000 22,000 75 % The production department data related to conversion costs follows: Costs of beginning work in process Costs added this period $ 99,000 726,825 Compute the conversion cost per equivalent unit. Multiple Choice O $4.76. $4.55. ) O