Reference: 04-08
Information About Units Processed and Processing Costs Incurred

Reference: 04-08
Information about units processed and processing costs incurred during a recent month in the Blending
Department of a manufacturing company follow: $$\begin{array} { | l | l | l | } \hline & \begin{array} { l } \text { Number of } \\\text { Units }\end{array} & \begin{array} { l } \text { Conversion Costs } \\\text { (Percent Completion) }\end{array} \\\hline \text { Beginning work in process inventory } & 11,000 & 35 \% \\\hline \text { Units started into production } & 120,000 & - \\\hline \text { Units completed and transferred out } & 114,000 & - \\\hline \text { Ending work in process inventory } & 17,000 & 30 \% \\\hline\end{array}$$ The beginning work in process inventory included $11,000 of conversion cost and $ 12,000 in material costs. During the month, the Department incurred an additional $290,000 in conversion costs and $ 143,000 in material costs. All materials are added at the beginning of production in each department.
-Assuming that the company uses the weighted-average cost method, what is the cost per equivalent unit for conversion costs for the month in the Blending Department

A) $2.53.
B) $2.55.
C) $2.50.
D) $2.44.