At Ruby 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) 19,200 units Units started 151,000 units Units completed and transferred out 114,000 units WIP ending (50% for conversion) Beginning WIP direct materials Beginning WIP conversion costs Costs of materials added Costs of conversion added 56,200 units What is the cost per equivalent unit for direct materials? OA. $3.66 OB. $2.60 OC. $3.43 OD. $2.86 $44,500 $25,200 $443,100 $260,000