Answer:
$5.439
Explanation:
The computation the cost per equivalent unit for conversion costs is shown below:-
Units transferred = Beginning + Started into production - Ending inventory
= $13,800 + $105,000 + $26,600
= $145,400
Ending Inventory = 26,600 × 80%
= $21,280
Conversion equivalent units = Units transferred + Ending Inventory
= $145,400 + $21,280
= $166,680
Beginning work-in-process inventory = $58,115
Additional conversion costs = $833,583
Total cost = Beginning work-in-process inventory + Additional conversion costs
= $58,115 + $833,583
= $891,698
Conversion per equivalent unit = Total cost ÷ Conversion equivalent units
= $891,698 ÷ $166,680
= $5.439