A company uses the FIFO method for inventory costing. At the start of the period the production department had 28,000 units in beginning Work in Process inventory which were 44% complete; the department completed and transferred 169,000 units. At the end of the period, 26,000 units were in the ending Work in Process inventory and are 79% complete. The production department had labor costs in the beginning goods is process inventory of $103,000 and total labor costs added during the period are $726,925. Compute the equivalent cost per unit for labor.

Multiple Choice

• $4.38.
• $4.31.
• $4.67.
• $4.10.
• $4.44.