Question: Show me the steps and solve Determining Cost Per Equivalent Unit: There are 1 0 , 0 0 0 units in work in process inventory

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Determining Cost Per Equivalent Unit:
There are 10,000 units in work in process inventory for the Mixing Department at the end of the month. The units were 60% complete for conversion costs. A total of 15,000 units were completed or transferred out during the period. Assume that the beginning work in process inventory for the Mixing Department had $12,000 in conversion costs; and that $30,000 in conversion costs were added during the month.
What is the cost per equivalent unit for conversion costs? (Please show your work)

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