Assume Eames Company uses a process costing system based on the FIFO method. Eames' accountant produces the following equivalent unit calculations for the month of November:$600750$Also assume that the beginning inventory had accumulated $$15,500$ of materials and $$9,600$ of conversion costs in the previous month. During the month of November, current costs included $$157,500$ of materials and $$193,500$ of conversion costs.Calculate the average cost per equivalent unit for conversion costs for the month of November.Where do the units come from?Where do the units go$?$Equivalent Units$\%$ inDirect $\%$ inConversionComplete$/$Transferred:Mon. $1$Materials Mon. $1$CostsBeginning Inventory$2,000$Beginning Inventory$2,0000\%30\%$Started and Completed$18,000100\%18,000100\%18,000$Started$21,000$ Ending Inventory$3\mathrm{.}000100\%3,00025\%$Total$23,000$Total$23,00021,00019,350$Assume Eames Company uses a process costing system based on the FIFO method. Eames' accountant produces the following equivalent unit

calculations for the month of November:

Also assume that the beginning inventory had accumulated $$15,500$ of materials and $$9,600$ of conversion costs in the previous month. During

the month of November, current costs included $$157,500$ of materials and $$193,500$ of conversion costs.

Calculate the average cost per equivalent unit for conversion costs for the month of November.