At Opal Incorporated, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

WIP beginning (70% for conversion)	24,200 units
Units started	158,000 units
Units completed and transferred out	116,000 units
WIP ending (50% for conversion)	49,500 units
Beginning WIP direct materials	$49,500
Beginning WIP conversion costs	$25,200
Costs of materials added	$438,100
Costs of conversion added	$260,000

What is the cost per equivalent unit for direct materials?

A.

$2.40

B.

$3.27

C.

$3.48

D.

$2.68