Question: Nebraska Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,000 units in

 Nebraska Company uses the weighted-average method in its process costing system.

Nebraska Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,000 units in its beginning work-in-process inventor were 40% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $45,820 An additional 91,000 units were started into production during the month. There were 22. in the ending work-in process inventory of the welding Department that were 15% complete with respect to conversion costs. A total of $687970 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 to three decimal places) O $7.560 O $5.956 O $8.037 O $8.331 Nebraska Company uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,000 units in its beginning work-in-process inventor were 40% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $45,820 An additional 91,000 units were started into production during the month. There were 22. in the ending work-in process inventory of the welding Department that were 15% complete with respect to conversion costs. A total of $687970 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 to three decimal places) O $7.560 O $5.956 O $8.037 O $8.331

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