Annenbaum Corporation uses the weighted average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 400 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $5.700 65% Conversion costs $6,800 45% A total of 6.500 units were started and 5.900 units were transferred to the second processing department during the month. The following costs wye incurred in the first processing department during the month: Cost Materials costs $125,500 Conversion costs $207.000 The ending Inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs The cost per equivalent unit for conversion costs for the first department for the month is closest to: Lap Corporation uses the weighted average method in its process costing system. The beginning work in process inventory in a particular department consisted of 80,000 units, 100% complete with respect to materials and 25% complete with respect to conversion costs. The total dollar value of this inventory was $226,000. During the month, 150,000 units were transferred out of the department. The costs per equivalent unit for the month were $2.00 for materials and $3.50 for conversion costs. The cost of the units completed and transferred out of the department was