Percent Complete with Respect to Conversion 70% Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 5,450 59,350 57,150 7,650 40% he accounting records indicate that the conversion cost that had been assigned to beginning work in process iventory was $34,908 and a total of $559,604 in conversion costs were incurred in the department during January. The ost per equivalent unit for conversion costs for January in the Molding Department is closest to: Multiple Choice $9.535 $9.874 $9.736 $8.491