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 $32,000 $37,000 Costs of materials added $384, 100 Costs of conversion added $389,100 26,200 units 125,500 units WIP beginning (50% for conversion) Units started Units completed and transferred out WIP ending (60% for conversion) 106,700 units 45,000 units What is the cost per equivalent unit for conversion costs? O A. $3.19 O B. $2.81 OC. $2.91 O D. $3.56