At Hodgson Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include: Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) $32,000 $32,000 $384,100 $387,100 28,200 units 129,500 units 108,700 units 49,000 units What is the cost per equivalent unit for conversion costs? O A. $2.66 O B. $2.80 O C. $3.41 O D. $3.03