A company starts work on 1,000 physical units and completes 75 per cent of conversion activity. The costs are $1,500 for conversion and $5,000 for direct material. What is the cost per equivalent unit for conversion?

a. $1.00 per unit. b. $1.50 per unit. c. $2.50 per unit. d. $2.00 per unit. e. $5.00 per unit.

PLZ explan me how to get that

The following data apply to Stratford Ltd

Direct materials inventory, beginning of the year	$5 500
Direct materials inventory, end of the year	$3 000
Direct materials purchased during the year	$45 000
Work in process inventory, beginning of the year	$9 000
Manufacturing overhead applied during the year	$20 000
Work in process inventory, end of the year	$14 000

Predetermined overhead rate200 per cent of direct labour cost

Calculate the cost of goods manufactured during the year.

a. $86,500

b. $45,000

c. $47,500

d. $77,500

e. $72,500