At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied

At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include Beginning WIP direct materials $37,000 Beginning WIP conversion costs $20,250 Costs of materials added $387.100 Costs of conversion added $271125 WIP beginning (50% for conversion) 24,200 units A. $2.87 B. $3.22 C. $2.62 OD. $3.94 Click to select your answer
LOSIS OT conversion added WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) $271,125 24,200 units 123,500 units 107.700 units 40,000 units What is the cost per equivalent unit for direct materials? (Round your final answer to the O A. $2.87 O B. $3.22 O c. $2.62 OD. $3.94 Click to select your answer.