Nebraska Company uses the weighted average method in its process costing system. The first processing department, the Welding Department, started the month with 29,000 units in its beginning work-in-process inventory that were 40% complete with respect to conversion costs. The conversion cost in this beginning work-in-process inventory was $55,820. An additional 101,000 units were started into production during the month. There were 32,000 units in the ending work-in-process inventory of the Welding Department that were 10% complete with respect to conversion costs. A total of $787,970 in conversion costs were incurred in the department during the month. What would be the cost per equivalent unit for conversion costs for the month? (Round your answer to 3 decimal places.) Multiple Choice $7.802. $5.822. $8.602 $8.338