The Ever Clean Refinery Company uses a weighted average process costing system to account for its refinery operations. Data from the month of October is presented in the table below:

	Direct Materials	Conversion Costs
Work-in-process costs, October 1	$ 27,000.00	$ 49,500.00
Costs added during October	$ 358,350.00	$ 722,700.00
Total equivalent units	52,500.00	49,500.00

What was the cost per equivalent unit with respect to direct materials?

Answers:

A. $0.51

B. $1.94

C. $7.34

D. $6.83