QUESTION 15 Paceheco Corporation uses the weighted average method in its process costing system. The Molding process. The data below summarize the department's operations in January. Percent Complete with Respect to Units Conversion Beginning work in process inventory 5400 70% Transferred in from the prior department during January 59,300 Completed and transferred to the next department during 57,100 January Ending work in process inventory 7600 40% The accounting records indicate that the conversion cost that had been assigned to beginning work in conversion costs were incurred in the department during January. The cost per equivalent unit for co to: $9.728 $9.884 $9.527 $8.483 Conversion cost Direct s process costing system. The Molding Department is the second department in its production ns in January Percent Complete with Respect to Units Conversion 5400 70% 59,300 57.100 7600 40% ad been assigned to beginning work in process inventory was $34,858 and a total of $559,554 in y. The cost per equivalent unit for conversion costs for January in the Molding Department is clos pre ore det. overho