Jublot Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 600 Materials costs$7,300 Conversion costs$2,300 Percent complete with respect to materials 50%Percent complete with respect to conversion 10%Units started into production during the month 9,400 Units transferred to the next department during the month 8,600 Materials costs added during the month$196,300 Conversion costs added during the month$315,800 Ending work in process inventory: Units in ending work in process inventory 1,400 Percent complete with respect to materials 70%Percent complete with
respect to conversion 40%The cost per equivalent unit for conversion costs for the first department for the month is closest to:
A. $34.73
B. $24.38
C. $19.45
D. $21.76
Answer: A
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