Kingston Manufacturing employs the weighted-average method in its process costing system. The Casting Department is the third department in its production sequence. Below is a summary of the department's activity in January: Units Percent Complete with Respect to Conversion Starting work in process inventory: 5,100 (70% complete) Received from the preceding department in January: 59,000 units Completed and passed on to the next department in January: 56,800 units Work in process inventory at the end of January: 7,300 units (40% complete) The financial records show that $34,558 in conversion costs were already allocated to the work in process at the beginning of the month, and $559,254 in conversion costs were added in the department during January. 

What is the closest cost per equivalent unit for conversion costs for January in the Casting Department?

Answer rating: 100% (QA)

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