Larner Company uses the weighted-average method in its process costing system.Operating data for the first processing department for the month of June appear below: 
According to the company's records,the conversion cost in beginning work-in-process inventory was $68,064 at the beginning of June.Additional conversion costs of $585,324 were incurred in the department during the month.
What was the cost per equivalent unit for conversion costs for the month? (Round off to three decimal places. )
Definitions:
Tax
A compulsory financial charge or levy imposed by a government on individuals or entities to fund public expenditures.
Good
A tangible item that is produced or manufactured for sale to consumers in the market.
Market Equilibrium
A condition or state where the supply of a good matches its demand, leading to a stable market price for the good.
Good
A tangible product or item that satisfies some human desire or need, often available for sale in the market.
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