Using the Process Cost Report shown below, which is the correct UNIT COST of CONVERSION Process Cost Report - Weighted Average Method Direct Material Conversion Costs Total Costs to account for Units to account for: Beginning WIP Started this month Units to account for: Costs to account for: Beginning WIP Current period costs Total costs to account for: 5000 80000 85000 $850,000 $1,275,000 $2,125,000 $776,000 $2,328,000 $3,104,000 $1,626,000 $3,603,000 $5,229,000 % Complete Direct Conversion Material Costs Equivalent units Direct Conversion Material Costs 65000 65000 20000 10000 85000 97000 Completed & transferred out Ending WIP Units accounted for 65000 20000 85000 100% 50.00% Select one: a. $80.00 b. $119.39 Using the Process Cost Report shown below, which is the correct UNIT COST of CONVERSION Process Cost Report - Weighted Average Method Direct Material Conversion Costs Total Costs to account for Units to account for: Beginning WIP Started this month Units to account for: Costs to account for: Beginning WIP Current period costs Total costs to account for: 5000 80000 85000 $850,000 $1,275,000 $2,125,000 $776,000 $2,328,000 $3,104,000 $1,626,000 $3,603,000 $5,229,000 % Complete Direct Conversion Material Costs Equivalent units Direct Conversion Material Costs 65000 65000 20000 10000 85000 97000 Completed & transferred out Ending WIP Units accounted for 65000 20000 85000 100% 50.00% Select one: a. $80.00 b. $119.39