The beginning inventory was 70% complete for materials and 30% complete for conversion costs. The...

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Accounting

The beginning inventory was 70% complete for materials and 30% complete for conversion costs. The ending inventory was 90% complete for materials
and 50% complete for conversion costs.
Costs pertaining to the month of March are as follows:
Beginning inventory costs are: materials, $44,400; conversion cost $30,500.
Costs incurred during March are: materials used, $588,000; conversion cost $624,000.
Using the weighted average method, the equivalent unit conversion cost, rounded to 2 decimal places, for March is
$6.00.
$5.13.
$5.95.
$6.23.
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