Question: There were 2,144 units in ending work in process inventory that were 100% complete with regard to material and 26% complete with regard to conversion

There were 2,144 units in ending work in process inventory that were 100% complete with regard to material and 26% complete with regard to conversion costs. Ending work in process inventory had a cost of $8,760 and a per-unit material cost of $1.06. What was the conversion cost per unit using the weighted-average method? Round to the nearest penny, two decimal places.

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