Sumter Corporation uses the weighted-average method in its process costing system. The following data pertain to operations in the first processing department for a recent month: Work in process, beginning: Units in process Percent complete with respect to materials Percent complete with respect to conversion Costs in the beginning inventory: Materials tost Conversion cost Units started during the month Units completed and transferred out during the month Costs added to production during the month: Materials cost Conversion cost Work in process, ending: Units in process Percent complete with respect to materials 6,000 60% 20% $ 78,200 $ 3,600 70,000 $ 286,600 $216,000 8,000 75% 25% Percent complete with respect to conversion What was the cost per equivalent unit for conversion during the month? Multiple Choice $5.45 $6.95 $400 $305