The debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows:
April 1, work in process:
Materials cost, 3,000 units $ 7,200
Conversion costs, 3,000 units,
60% completed 6,000
Materials added during April, 10,000 units 25,000
Conversion costs during April 35,750
Goods finished during April, 12,000 units ---
April 30 work in process, 1,000 units,
40% completed ---
All direct materials are placed in process at the beginning of the process and the first-in, first-out method is used to cost inventories. The materials cost per equivalent unit (to the nearest cent) for April is:
a. $5.25
b. $2.50
c. $2.08
d. $2.48