Question: 2. Tiny Tim, Inc makes ukuleles. It uses the Weighted Average Method for inventory cost flows. The total Equivalent Units for the period are calculated

2. Tiny Tim, Inc makes ukuleles. It uses the Weighted Average Method for inventory cost flows. The total Equivalent Units for the period are calculated at = 210,000 units. Ending Inventory = 22,500 units. Direct materials cost = $450,500. Direct labor = $333,500; Factory Overhead = $191,750; Administrative salaries = $232,000; Selling expenses = $87,000.

Calculate the Cost per Equivalent Unit. (show work for full credit)

A) $ 6.17

B) $ 5.20

C) $ 4.65

D) $ 3.33

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