A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 50,400 units, 75% complete with respect to direct labor and overhead. The direct labor beginning inventory costs were $9,000. The department completed and transferred out 126,500 units this period. The ending inventory consists of 40,400 units that are 25% complete with respect to direct labor and overhead. All direct materials are added at the beginning of the process. The department incurred direct labor costs of $25,000 and overhead costs of $33,000 for the period. Assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is: Multiple Choice $0 31 a 5017 3015 O $0.38