Question: Given the following, calculate the conversion cost per equivalent unit using the weighted average method. Conversion costs in beginning inventory $5,000 Added conversion costs in

Given the following, calculate the conversion cost per equivalent unit using the weighted average method. Conversion costs in beginning inventory $5,000 Added conversion costs in current period $40,000 1,000 units were completed and transferred during the period. 500 units in ending inventory are 50% complete.

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