Onara Corporation uses the weighted average method in its process costing system. Data concerning its second processing department for the month of July 2023 is as follows: Beginning Work in process

Units started into production Ending work in Units 10,000 $ 120,000 $ Costs Direct Materials Conversion 28,000 $ 440,000 $ 35,920 500,000 4,000 process Beginning work in process was 100% complete with regard to direct materials and 90% complete with regard to conversion Ending work in process was 100% complete with regard to direct materials and 40% complete with regard to conversion REQUIRED: Calculate the equivalent cost per unit for conversion Answer for prompt 1 Calculate the equivalent cost per unit for conversion