Jupitar Ltd. Company uses the weighted average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: 400 7596 50% Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion. Costs in the beginning inventory: Materials cost Conversion cost Units started into production during the month. Units completed and transferred out during the month Costs added to production during the month: Materials cost Conversion cost Work in process, ending: Units in process Percent complete with respect to materials Percent complete with respect to conversion $1,800 $3,300 15,000 14,400 $97,000 $215,000 7 80% 40% Wat was the cost per equivalent unit for conversion cost? a) 14.75 b) $12.30 c) 55.00 d) $8.50