QS $16-7($Static$)$ Weighted average: Cost per EUP LO P$1$

A production department reports the following conversion costs. Equivalent units of production for conversion total $450,000$ units this period. Calculate the cost per equivalent unit of production for conversion. The company uses the weighted average method.

Costs of beginning work in process $$200,000$

Costs added this period $700,000$

$\backslash$table$[[\backslash$table$[[$Cost per equivalent unit of production$-$Weighted$],[$average$]],$Conversion,$],[,,],[,,],[$Total costs,,EUP$],[$ Equivalent units of production,,per EUP$],[$Cost per equivalent unit of production,,$]]$