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Darden Corporation uses the weighted-average method in its process costing system. The first processing department,...

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Accounting

Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 20,400 units in its beginning work in process inventory that were 10% complete with respect to conversion costs. The conversion cost in this beginning work in process inventory was $22,200. An additional 96,000 units were started into production during the month. There were 29,000 units in the ending work in process inventory of the Welding Department that were 70% complete with respect to conversion costs. A total of $848,880 in conversion costs were incurred in the department during the month. The cost per equivalent unit for conversion costs for the month is closest to:
Multiple Choice
$8.088
$10.686
$9.987
$11.400

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