The Lakeside Company uses a weighted average process costing system. The following data are available: Beginning inventory Units started in production 20,000 Units finished during the period 16,000 Units in process at the end of the period (complete as to materials, i complete as to labor and overhead) 4,000 Cost of materials used $35,200 Labor and overhead costs $37,400 Unit cost of material is: A. $2.20. B. $2.07. C. $1.85. D. $1.76