Abba company uses a process cost accounting system and the weighted average method for inventory costs. The following information is available regarding direct labor for the current year: Works in process, January 1 Works in process, December 31 Units completed and transferred to finished goods Direct labor costs during the year 7,000 units, 80% complete 9,800 units, 45% complete 66,900 units $296,300 (a) Calculate the equivalent units of production for direct labor for the year. (b) Calculate the average cost per equivalent unit for direct labor (round to the nearest cent).