Compute the conversion cost per equivalent unit for the Production department using the weighted-average method.

	Units	Direct Materials Percent Complete	Conversion Percent Complete
Beginning work in process inventory	25,000	100%	55%
Units started and completed	110,000
Units completed and transferred out	135,000
Ending work in process inventory	30,000	100%	30%

Production cost information for the Production department follows.

Beginning work in process
Direct materials	$ 93,500
Conversion	54,700	$ 148,200
Costs added this period
Direct materials	$ 253,000
Conversion	578,900	$ 831,900

Options:

$4.69.

$3.84.

$4.86.

$4.28.

$4.40.