Holcomb Company Uses the Weighted-Average Method in Its Process Costing

Multiple Choice

Holcomb Company uses the weighted-average method in its process costing system. The Shaping Department is the second department in its production process. The data below summarize the department's operations in January.
$\begin{array}{lrc}&&\text {Percent Complete with}\\&\text {Units}&\text { Respect to Conversion}\\\text { Beginning work-in-process inventory } & 3,800 & 90 \% \\\text { Transferred in from the prior } && \\\text { department } & 53,000 & \\\text { during January } & & \\\text { Completed and transferred to the next } & & \\\text { department } &&\\\text { during January } & 51,300 &\\\text { Ending work-in-process inventory }&5,500& 30 \% \end{array}$

The accounting records indicate that the conversion cost that had been assigned to beginning work-in-process inventory was $5,096 and a total of $87,668 in conversion costs were incurred in the department during January.
What was the cost per equivalent unit for conversion costs for January in the Shaping Department? (Round your answer to 3 decimal places.)

A) $1.654.
B) $1.752.
C) $1.490.
D) $1.499.