A company uses a process costing system. Its Assembly Department's beginning inventory consisted of 53,200 units, 3/4 complete with respect to direct labor and overhead. The department completed and transferred out 119,500 units this period. The ending inventory consists of 43,200 units that are 1/4 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 $32,000 and overhead costs of $40,000 for the period. Assuming the weighted average method, the direct labor cost per equivalent unit (rounded to the nearest cent) is: $0.22. $0.25. $0.20. $0.37. $0.44.